Tesla bullish structure

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Tesla bullish structure

$TSLA finally pushed through the 50-day moving average today.

This move confirms the completion of wave (iv) at $382 and strengthens the case that the past week’s advance is wave i of the final wave (v).

The challenge now is sustaining momentum above the high-volume zone around $430–$445, where more sellers could emerge.

If TSLA can convert this breakout into a clean i-ii setup, the roadmap toward $500+ opens up quickly.

The bullish structure remains firmly intact.

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chimey
·12-04
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Nice move! [看涨] Breakout above 50MA confirms the setup, next resistance at $445 could be litmus test
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Merle Ted
·12-04
Get ready for a market correction after the fed meeting, December 2018 may be repeated, Tesla will be around $480-$500 by next week.
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VivianChua
·12-05
Nice 💚💚💚
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[看涨] Breakout above 50MA confirms the setup, next resistance at $445 could be litmus test","text":"Nice move! [看涨] Breakout above 50MA confirms the setup, next resistance at $445 could be litmus test","html":"Nice move! 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