To The Moon

Technical Setup – Tesla ( $Tesla Motors(TSLA)$ ) Daily Chart

• TSLA is forming a symmetrical triangle, signaling potential for a breakout.

• Immediate resistance lies at $330.50.

• Support is reinforced by an ascending trendline near $300, backed by nearby levels at $290.10 and $280.95.

• After recent dip, price has bounced and shows early signs of technical strength.

Key Insight: Renewed optimism around the FSD upgrade may provide catalysts for TSLA to break above $330.50, potentially confirming the breakout and extending bullish momentum. Otherwise $330.50 is a near term resistance.

Using DLCs for Short‑Term Trading

• Long DLCs (e.g. $TESLA 3xLongSG261006(TSYW.SI)$ ) could be considered for a bullish outlook, especially if price breaks above $330.50 with conviction or continue to stay above the ascending trendline.

• Short DLCs ( $TESLA 3xShortSG261006(TSXW.SI)$ ) may be used for a more cautious stance if price moves below the $300 trendline support.

• As always, DLCs are leveraged instruments designed for short‑term use. They can amplify gains and losses, so risk management is essential, and traders should only proceed if familiar with the product.

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This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.