Tesla, Inc. (TSLA): Long-Term Bullish Perspective

1 янв.

🚨 Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any trading or investment decisions.

Key Insights:

Elliott Wave Framework:
- Tesla is displaying a bullish Elliott Wave structure on the weekly timeframe.
- The chart highlights a completed Cycle Wave I, followed by a sharp corrective Cycle Wave II, and the beginning stages of Cycle Wave III.
- Within Cycle Wave III, Tesla is currently completing Primary Wave (I) and preparing for a pullback into Primary Wave (II).

Current Price Action:
- Tesla is trading at $403.84, with a notable upward trend since the bottom of Wave II.
- The immediate resistance lies near $500 - $525, marking the end of Wave (I).

Support & Resistance Levels:

Key Support Levels:
- $350 - $325: A strong demand zone and potential area for Wave (II) completion.
- Invalidation Level: $102.13, which would invalidate the current bullish structure.

Resistance Levels:
- $500 - $525: Expected resistance for the completion of Wave (I).
- Long-term targets near $600+ for Cycle Wave III.

Projected Path:
- After completing Wave (I) near $500-$525, Tesla is expected to undergo a corrective Wave (II), possibly retracing to $350 - $325.
- The next impulsive Wave (III) within Cycle Wave III will likely push Tesla toward $600+.

Actionable Plan:

For Long-Term Investors:

Consider holding through any corrective phases, as the macro trend remains bullish.
Look to accumulate shares during the expected Wave (II) correction between $350 - $325.

Fundamentals:
- Tesla's growing dominance in EVs and energy solutions supports its long-term bullish outlook.
- Production ramp-up in Giga Texas and Berlin could fuel the next growth phase.

Macro Trends:
- Fed interest rate decisions and overall tech sector performance will impact valuation.
- Expansion of renewable energy and EV incentives globally.

Final Thoughts:
Tesla's long-term growth potential remains intact, supported by strong fundamentals and a clear Elliott Wave structure. While short-term corrections may occur, the macro bullish trend offers significant opportunities for long-term investors and swing traders alike.

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