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• Strong Bullish Structure

  • Tesla (TSLA) shows a robust rounding breakout pattern.
  • Axis line tested successfully, indicating strength.

• Key Pivot Level: $447.3

  • This level could signal a reversal if Tesla breaks higher.

• Earnings and Consolidation

  • Earnings expected on January 22; potential consolidation before the next move.

• Market Dependency

  • Tesla, like NVDA, is influenced by overall index movements.

• Relative Strength Highlight

  • Strong performance since November 6, boosted by a breakout during the "election bar."

Stay cautious and watch for supply increases or index pullbacks. Watch the video below to find out the analysis and the setup in detail.

Video Length: 00:01:12

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