$TSLA weekly: +6% this week and right back at the line that matters. Price is sitting near 380, just under the 387 pivot. That level has flipped between support and resistance since late 2024, and the 50-week SMA at 393 sits right above it. Key levels: • Resistance: 387 → 393 → 500 (Dec 2025 high) → ~525 channel top • Support: 376.7 (33-wk SMA) → 343.7 (189-wk WMA) → ~335 rising channel line • Long-term floor: 297 (200-wk SMA) The structure since the April 2025 low is a rising channel, and the July low held exactly on its lower line. A weekly close above 393 opens the upper half of the channel. A rejection here keeps TSLA ranging between 340 and 390. New TSLA institutional report (rating, price target, bull vs bear): https://t.co/mgm0YwyCai
Alex | Gold & Elliott WaveShare

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