Chart of the day

Where do we stand fundamentally?

TSLA was hit by lack of sales growth for EV and recently tariffs that is being imposed by for China export by EU. This led to a stock prices fall but that seems to be over now.

TSLA is testing 230.50 resistance for a strong breakout higher in the third wave to target 400 and possibly higher. A support and an invalidation of the immediate continuation higher is 190.

An invalidation level of a third wave long-term extension higher and a bullish cycle is 150. As said this extension higher could lead to 300 target in the medium-term to long-term if we get a confirmed break above 230.

_{Try a long trade entry with a stop loss below 210 to target 300 and higher.}