TESLA On a similar spot as July 2024 and May 2025.
By:TradingView
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Tesla (TSLA) has been on a strong 1-month rally since the April 09 Low, achieved exactly on the Higher Lows trend-line that started two years ago on the April 22 2024 bottom.
The 1D RSI turned overbought and is the exact same spot that the price was on May 13 2025 and July 02 2024 following their respective rebounds on the Higher Lows trend-line. On both occasions, the price rose a little more and then corrected back to their respective 0.5 Fibonacci retracement levels.
Assuming the rejection takes place a little higher again, it is possible for Tesla to target that level at $395.
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The 1D RSI turned overbought and is the exact same spot that the price was on May 13 2025 and July 02 2024 following their respective rebounds on the Higher Lows trend-line. On both occasions, the price rose a little more and then corrected back to their respective 0.5 Fibonacci retracement levels.
Assuming the rejection takes place a little higher again, it is possible for Tesla to target that level at $395.
---
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
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