Please ️like and share with fellow Tesla traders/investors #Tesla recently bottomed at a major 1-year channel support around $338.27, which acted as a critical turning point. Since that test, the stock has staged a sharp recovery. This bounce is viewed as structurally bullish, with expectations for a continued move higher over the coming weeks to months. * The most important near-term level is $384.48, the former descending channel top. #TSLA has closed above this level, signaling a secondary buy confirmation. As long as price holds above $384.48 on a daily closing basis, the bullish structure remains intact. * If $TSLA continues to hold strength: – $401.93 is the immediate trigger level. A close above this confirms momentum and forces shorts to cover. – $418.04 is the near-term target (50% retracement), expected within 1–3 days after breakout. – 432.90 is the primary upside target, expected within 2–3 weeks. It is a major resistance level where the price could stall or reverse. – $440s–$450s are extended targets into May–June. * If you are SHORT: From the $380s → a close above $401.93 is a clear exit signal. Likely need to flip long as momentum accelerates. If you are LONG: $401.93 breakout is the confirmation entry trigger. Expect to ride the move toward $432.90 over the weeks. * If $TSLA fails to hold $384.48 today, this would trigger a sell signal back down to $338.27 within 1–2 weeks. That would represent a full retrace to channel support and could lead to longer-term basing before another attempt higher. In this case, recent longs should exit, and traders may flip short, targeting $338. * The broader structure suggests a range between $338 and $432 in the near term. After reaching $432, $TLSA may become overbought with a potential for a pullback or consolidation. * If you enjoyed this update, please like and share Watch the full #TSLA Trading Plan for Apr 17, 2026, in this short video