Saad Ullah
⬤ Tesla moved decisively higher this week, with TSLA trading around $454 on the weekly chart and showing fresh buying momentum after weeks of uncertainty. Many traders expected a pullback into the $350 range, but that never happened. Instead, TSLA held firm and continued climbing, reinforcing its recovery pattern on the higher timeframe.
⬤ The chart shows Tesla maintaining higher lows throughout 2025, with recent price action reclaiming the upper portion of its consolidation zone. After weeks of choppy performance, the current candle reflects returning demand, suggesting the broader trend remains healthy. The push toward $450 aligns with improving sentiment and growing confidence in Tesla's stability despite earlier market turbulence.
⬤ TSLA is now approaching a key resistance zone from earlier in the cycle, where previous weekly candles met selling pressure. Holding above the $440-$450 range would further confirm this recovery's strength. While volatility remains part of Tesla's character due to macro factors and sector rotation, the chart suggests momentum is shifting back to buyers as the stock tests its next technical levels.
⬤ This move matters because it shapes broader market sentiment at a time when large-cap growth stocks continue driving overall tone. A stronger TSLA reinforces risk appetite and adds fuel to tech sector momentum, especially as traders rethink earlier expectations of a deeper correction.
Saad Ullah
