Tesla, Inc.
Long

TSLA around a confluence zone : Technical Analysis and Forecast

140
TSLA Technical Analysis and Forecast

Tesla (TSLA) is currently positioned at a critical confluence zone, where both horizontal and ascending trendlines intersect. Should the selling pressure persist and the stock breaks below the $325 level, there is a potential for further downside movement toward a psychological support zone at $300.

It is important to note that TSLA has experienced a significant decline of approximately 33% from its peak on December 18, 2024, which could indicate potential for a rebound at these levels.

Given the stock's current discount, I believe it may present a compelling opportunity for long-term investors. I intend to continue building my position through a disciplined Dollar-Cost Averaging (DCA) strategy, gradually accumulating shares as the price moves lower.

Should TSLA reach the $300 mark, I consider it a strong buying opportunity.

As always, please trade with caution and consider your risk tolerance before making any decisions.

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.