Saad Ullah
⬤ Tesla stock pushed higher after finishing a technical correction, with the four-hour chart showing price holding above key support and confirming the bounce is real. The recent move gives long positions some breathing room after the pullback, and downside pressure looks like it's easing for now.
⬤ TSLA dropped into support around $380, where a corrective pattern wrapped up. From there, buyers stepped in and pushed price through resistance levels, hitting the minimum upside target from the forecast. This shows the bounce came from a meaningful support zone, not just random price action.
⬤ The chart marks a clear invalidation level at $381, sitting well below current prices. As long as TSLA stays above that line, the bullish setup stays valid. The "Right Side" label suggests momentum favors continuation over another leg down, and the note about not selling points to this being part of a larger trend, not just a quick bounce.
⬤ This matters for market positioning because it shows how corrections can reset momentum before the trend resumes. Holding above structural support keeps the advance on track and supports positive sentiment around Tesla shares. Going forward, that $381 level will be the key reference point for checking if the recovery stays healthy.
Saad Ullah
