Tesla has currently entered the value zone, specifically the Fibonacci retracement levels of 0.618 to 0.786;

During the last major crash on April 7, I was very bullish on TSLA's long-term pullback to this zone for a bottom search, but unexpectedly, driven by positive news from US-Iran talks and Trump's TACO comments, it surged in one wave from 337 to 451, causing a short squeeze + bull trap, followed by two months of oscillation within a symmetric converging triangle;

Ultimately, leveraging the violent drop from the Q2 earnings report, it wiped out the bulls again (referring to those who gambled on the end-of-quarter earnings), revealing the cunning nature of the main players, which is hard to imagine;

Tesla has now entered the value zone; next, we should focus on the following key levels:

1️⃣ Lower boundary of the parallel channel: 297-300

2️⃣ Secondary lower boundary of the parallel channel: 288-293

3️⃣ Fibonacci retracement 0.786: 273-275

(There is a large liquidity buy wall at 0.786; it may not be reached. It might bounce back up due to being detected by quantitative machines when testing the lower boundary of the parallel channel.)

For physical shares, a better strategy is to build positions in batches (personal view only, not investment advice)

$Tesla(TSLA.US)