Technical analysis by TWRTEAM about Symbol TSLAX on 6/1/2025

📌 TSLA Trade Idea – New Structure Forming 🕒 12h Timeframe Analysis TSLA’s previous structure is considered complete. A new structure is likely forming, with a strategic entry around $310 based on the 40-cycle pattern. 🔍 Key Observations: Volume/Float ratio < 10%, showing low activity—most traders are waiting. Dark pool data suggests heavy short interest, but I see this as high risk. Market is still bullish, and current price action looks like a retest/consolidation, not a full bear trend. 📈 Macro View: TSLA is likely forming a 385-day bullish structure with a potential upside target near $791. The current zone is a potential weekly entry point for swing or long-term plays. 🎯 Trade Plan: Entry: $310 Stop Loss: $331 Target: $460 (short-term swing target) Bias: Bullish Strategy: Long-term investors: Position entry, manage SL properly. Option traders: Avoid buying—only consider option selling during chop. ⚠️ Disclaimer: This trade plan is for informational purposes only and does not constitute financial advice. Trading involves significant risk. Always do your own research or consult a licensed advisor before making decisions.