Tesla
Long

TSLA – Is the Rally Just Getting Started? Updated Trade Setup

266
Tesla (TSLA) just lit up the board with a +7% breakout, smashing past key resistance.

Currently trading around $318, this move isn’t just noise, it’s backed by rising volume and a bullish macro environment favoring growth stocks and innovation plays.

🟢 Potential Entry Zones (on dip or continuation):
• $312–$318 → Pullback entry near breakout zone
• $290 → Retest of previous resistance, now support
• $260

💰 Profit Targets (Swing Outlook):
• TP1: $335 – short-term resistance from previous highs
• TP2: $355 – psychological level + extension target
• TP3: $390+ – if breakout trend accelerates into Q2 earnings

💡 Why TSLA?
• Massive volume surge confirms institutional interest
• FSD, AI & Dojo projects keep optionality wide open
• Solid balance sheet in a tightening rate environment
• Global EV growth still in early innings
• Technical breakout above multi-week range

This setup is about riding momentum, not guessing bottoms. If the market holds, TSLA could be on a new leg up — but it’s crucial to manage risk and avoid FOMO entries.

⚠️ Disclaimer: This is not financial advice. Just sharing my personal analysis and trade plan. Always do your own research and trade responsibly.

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This isn’t hype — it’s structure. Let’s stay sharp. 🔍📈
Note
TP1: $335 Reached from our first entry point

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