📉 Tesla has pulled back ~32% from December highs, now testing a key demand zone.
With RSI in oversold territory and strong AI & EV expansion ahead, this could be a prime entry point!
📊 Trade Setup:
🔹 Entry Price: $337 ( now )
✅ Take Profit 1: $359.45 (Previous short-term bounce from demand zone)
✅ Take Profit 2: $374.41 (Former support, now resistance)
✅ Take Profit 3: $420.33 (Strong supply zone)
🔹 RSI: Extremely oversold – signaling a potential reversal
📈 Why Tesla?
🚀 AI + EV + Robotics = Future Growth
Morgan Stanley Price Target: $430, Bull Case: $800
Benchmark Price Target: $475
Robotaxi service launch (Austin, June 2025) + Optimus humanoid robot scaling in 2026
Strong financials: 36.5B in cash supports aggressive expansion
📌 Key Level to Watch:
Support holds at $325? This setup could trigger a major upside move
If Tesla breaks above $359, momentum could accelerate toward $420+
📢 Tesla is more than an EV company—it’s an AI, robotics, and automation leader. With strong support & upcoming catalysts, this could be a prime accumulation zone!