TSLA Trade Idea – New Structure Forming

📌 TSLA Trade Idea – New Structure Forming

🕒 12h Timeframe Analysis
TSLA’s previous structure is considered complete. A new structure is likely forming, with a strategic entry around $310 based on the 40-cycle pattern.

🔍 Key Observations:

Volume/Float ratio < 10%, showing low activity—most traders are waiting.
Dark pool data suggests heavy short interest, but I see this as high risk.
Market is still bullish, and current price action looks like a retest/consolidation, not a full bear trend.
📈 Macro View:
TSLA is likely forming a 385-day bullish structure with a potential upside target near $791. The current zone is a potential weekly entry point for swing or long-term plays.

🎯 Trade Plan:

Entry: $310
Stop Loss: $331
Target: $460 (short-term swing target)
Bias: Bullish
Strategy:
Long-term investors: Position entry, manage SL properly.
Option traders: Avoid buying—only consider option selling during chop.
⚠️ Disclaimer:
This trade plan is for informational purposes only and does not constitute financial advice. Trading involves significant risk. Always do your own research or consult a licensed advisor before making decisions.

TWRTEAM

ALGTP®

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TWRTEAM

ALGTP®

Also on: