Technical analysis

Tesla Wave Analysis – 8 May 2026

Tesla Wave Analysis – 8 May 2026

Tesla: ⬆️ Buy

– Tesla broke resistance zone

– Likely to rise to resistance level 436.00

Tesla recently broke the resistance zone between the resistance level 410.00 (top of the previous impulse wave 1) and the 50% Fibonacci correction of the downward wave (B) from December.

The breakout of this resistance zone continues the active minor impulse 3 – that belongs to the intermediate impulse wave (C) from the start of April.

Tesla can be expected to rise to the next resistance level 436.00 (top of wave B from the middle of February).

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