Tesla Wave Analysis – 21 March 2025

Tesla: ⬆️ Buy

– Tesla reversed from support level 220.00

– Likely to rise to resistance level 280.00

Tesla recently reversed up from the support zone surrounding the multi-month support level 220.00 (which has been reversing the price from September).

The upward reversal from the support level 220.00 stopped the previous impulse wave 5 of the intermediate impulse wave (C) from January.

Given the oversold daily Stochastic, Tesla can be expected to rise to the next resistance level 280.00.