New analysis of Tesla stock and the best new buying areas expected

A New Expected Rise for Tesla Stock with the Best Expected Buying Zones

 

Tesla stock has been moving in a downward price wave recently.

The expectation remains that the stock will continue to decline towards demand zones.

These zones are located near the $405 level, which is considered a significant level.

It is expected that the stock will rebound.

If the decline continues, this will present a good buying opportunity.

Buy at the identified buying zones, but caution is advised when entering.

The stock is still affected by the current correction.

 

Expected Buying Zones

The first demand zone is considered one of the best buying zones for the stock.

This zone is located around the $405 level. However, it is advisable to wait for any 

buying price action before entering to obtain further confirmation

 and increase the probability of a successful trade.

In the event of an upward move, levels of $431, $451, and $475 are expected.

If the decline continues directly to the next demand zones identified on the chart,

which are located at the $361 level, we expect to see an immediate upward move.

These levels are considered the strongest and best buying opportunities for the stock at present.

They represent a last resort before the stock enters a strong downtrend 

that could push it further down in the future.