
Tesla stock is expected to rise soon, but with one condition
Tesla stock is moving in a strong sideways trend.
Signs of consolidation have begun to appear on the stock.
This indicates a strong rise if the consolidation is successful.
Currently, the stock is attempting to break through
the supply zones at levels 348 and 369,
which are considered strong resistance areas for the stock.
If the supply (resistance) zones shown on the chart are broken,
it is expected to rise to the specified targets at levels 395, 420, and 439.
Of course, this scenario is only possible if the supply zones are broken.
Therefore, if the stock currently declines again and the consolidation continues,
this scenario will remain valid.