Tesla is currently in a corrective wave pattern with potential for further upside if the current structure holds.
💡 Key Levels: - Current Price: $394.64 - Support (Invalidation Level): $372.32
Target Zone: $573.20 (Long-term projection)
🔍 Analysis: - Tesla seems to have completed Wave 4 and is forming the early stages of Wave 5. - The invalidation level at $372.32 is critical. If this level holds, the bullish scenario remains intact.
⚡ Outlook: A break above the corrective structure could signal the continuation of the next impulse wave toward $573.20.
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