From TradingView · · 50s
TSLA to $390? Trading Strategy for Tesla
Tesla could retest $390 with a $368, 378 entry zone, but buyers must defend support before a breakout.
In brief
Tesla could retest $390 with a $368, 378 entry zone, but buyers must defend support before a breakout. Tesla may retest $390 if buyers hold $368, 378, but a break below $360 invalidates the trade setup. Originally reported by TradingView.
Tesla Trading Strategy
SakuraSeiko is bullish on Tesla but avoids buying dips solely due to AI hype.
Free Cash Flow and AI Ambitions
Tesla's improving free cash flow and AI, autonomous-driving, and robotics goals support long-term growth.
Resistance and Support Levels
Price at $374.67, down 3.08%, with buyers responding around $350 and resistance at $380, 390.
Trading Setup Details
Entry zone: $368, 378, target: $390, stop loss: $360 if buyers fail to defend support.
Bitget rToken Advantage
Bitget's rToken allows using existing Tesla holdings as margin for futures without selling.
The takeaway
Tesla may retest $390 if buyers hold $368, 378, but a break below $360 invalidates the trade setup.
