$Tesla Motors(TSLA)$ 🔥🚀📊 Tesla’s IHS Reversal Meets Cloud Support & Legal Scrutiny 🚀📊🔥
Intraday Reversal Sparks Momentum
I’m watching Tesla’s inverse head and shoulders fire perfectly today. The stock ripped from the $329 volume shelf and powered straight into the upper band resistance at $341–$343.60. That’s where supply kicked in, and I’m expecting a pullback retest into $335–$336 to decide if bulls reload or fade.
📈 4H Band Compression Still Intact
I’m convinced the 4H structure remains bullish while $327 support holds. Tesla is still compressing within stacked Keltner and Bollinger channels, with an upside stretch target toward $353 if $343.60 is reclaimed. The IHS neckline breakout is valid, but the intraband retest at $336 is critical for momentum confirmation.
☁️ Ichimoku Cloud Roadmap
On the daily, price is testing the Kijun-sen while staying above the cloud base, keeping the bullish bias alive. The weekly chart shows Tesla consolidating above the cloud bottom with higher lows, reinforcing a pennant structure. On the monthly, trend support from the 0.786 log Fib aligns with long-term cloud compression, confirming Tesla’s roadmap for sustained structural strength.
⚖️ Legal Overhang Adds Volatility
Today’s headlines brought news that Levi & Korsinsky has filed a class action lawsuit against Tesla, alleging securities fraud between April 2023 and June 2025. While Tesla has navigated lawsuits before, fresh litigation adds headline risk and can magnify volatility near key resistance zones.
🔎 Probability-Weighted Levels
• Support: $336.50 (intraband), $329.40–$327 (major shelf + cloud base)
• Resistance: $343.60 (top band), $353 (Fib/Keltner stretch), $347.58 (Fib cluster), $414.50 (longer-term roadmap)
I’m positioning around whether Tesla can hold $336 on a retest. A successful defense and reclaim of $343.60 should propel a squeeze into $353. Failure here risks a deeper test into $327, which doubles as major cloud support.
Price action defines the odds, not my opinion!
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