$TSLA Technical Analysis:

Currently, Tesla's small-scale structure is quite clear, with a rebound indication at 340 → the highest peak at 451, an increase of +32.6%, which is quite significant~
But how much it has risen is not the key; where the structure is headed is the focus.
The current price rebound has formed a three-wave structure, with the internal structure of the third wave also approaching completeness. If it is to develop into an upward trend pattern, the marked Wave C needs a larger rally; stopping at the current price level is not acceptable~
Two scenarios:
Scenario 1: Explosive power, effectively breaking through the previous high, trend confirmed, bulls take back control
Scenario 2: Wave C weakens, oscillates at high levels then falls back, the three-wave rebound turns into a large-scale downward sequence, 340 is not the bottom
Which intersection are we at now?
Wave C has not yet given an answer; chasing the rally is less effective than waiting for signals~
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