This is a monthly chart for TSLA. We can see how October reacted:
1. Market tries to break below Key LVN at 272. But instead, stock bounced from that level and closed the month at the top of that market structure 327 LVN.
2. This month, we have backtested that level, and if it can start breaking previous highs (340,380), it will be ready to enter a major expansion phase, with a target price of 500+.
1. Market tries to break below Key LVN at 272. But instead, stock bounced from that level and closed the month at the top of that market structure 327 LVN.
2. This month, we have backtested that level, and if it can start breaking previous highs (340,380), it will be ready to enter a major expansion phase, with a target price of 500+.