Technical analysis by ALVO13_official about Symbol TSLAX: Buy recommendation (6/23/2025)

TSLA surged nearly +10% today, driven by growing anticipation around the upcoming robotaxi unveiling on August 8. Investors are positioning early, speculating this innovation could open new revenue streams for Tesla and redefine mobility. 📊 Technical Setup: •Price broke out of local resistance near $330 •Approaching major resistance at $370–371 (Bollinger Band + prior support) •If $370 is broken and held, the stock could enter a new trading range: $370–$440 •RSI and Stochastic are heating up, but no signs of reversal yet ⚙️ Robotaxi Catalyst: •Elon Musk confirmed the Robotaxi event set for August 8 •Analysts speculate this could boost valuation through AI and self-driving revenue potential •Option volume and retail interest are rising fast 📌 Levels to watch: •Breakout level: $370 •Target: $440 •Support zone: $330 •Invalidation: Close below $310 👀 Watch for pre-event momentum. A break above $370 could trigger a squeeze.