Tesla’s Long-Term Outlook: Key Insights.
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Strong Bullish Structure
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Tesla (TSLA) displays a strong rounding bullish structure.
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Recent breakout and testing of the axis line.
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Key Pivot Level to Watch
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The critical pivot level: $447.3.
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A breakout above this level may signal a reversal.
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Upcoming Earnings
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Tesla’s earnings release: January 22.
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Potential consolidation before another move up.
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Risks to Monitor
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Localized supply increases may slow momentum.
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Index pullbacks could impact Tesla’s performance.
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Relative Strength
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Strong performance since the November 6 breakout (election bar).
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Momentum tied to broader market movements.
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Watch the video below to find out the price action analysis and the high reward-to-risk ratio setup in Tesla (TSLA).
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