Artem Voloskovets
⬤ Tesla continues drawing attention after a powerful recovery, with its long-term chart now displaying what many technical analysts see as a highly constructive signal. Zooming out to the six-month timeframe cuts through daily noise and shows TSLA is on track to close the current period with a massive bullish engulfing candle. The latest six-month bar has swallowed the prior bearish candle and features minimal upper and lower wicks—typically interpreted as strong directional conviction. Tesla was recently trading near $485.
⬤ The six-month candle currently reflects a gain of more than 50% over the period, according to TradingView data. That strength follows earlier volatility throughout 2024 and 2025, when Tesla experienced alternating cycles of gains and consolidation before breaking higher. The chart shows the previous red candle has been completely overtaken by the current large green body—a textbook bullish engulfing pattern that typically signals momentum remains tilted upward, especially without rejection at either end of the range.
⬤ Tesla remains one of the most watched names in equities, and the longer-term chart offers a different perspective from short-term swings. The pattern suggests the bullish bias is unlikely to shift before the current six-month candle closes. While no specific price targets were mentioned, the implication is clear: Tesla may maintain constructive technicals as long as this engulfing structure holds.
⬤ Large-timeframe candlestick patterns can shape broader market sentiment, and a confirmed bullish engulfing on the six-month chart reinforces the case for an upward trend despite short-term volatility. Traders will now watch how Tesla performs into period-end and whether momentum carries into the next six-month candle.
Artem Voloskovets
