Please ️like and share with fellow Tesla traders/investors $340.61 is the key long-term pivot — this level is a major support tied to a one-year channel bottom. #Tesla already tested $340.61 and rebounded strongly, suggesting a potential annual low may be in. As long as #TSLA holds above this level, the broader outlook remains bullish into Q2–Q3. Upside targets are $435.24 (near-term channel resistance) and potential continuation toward $530–$540 if the larger trend plays out. However, we expect more of a range-bound trading for several months: likely oscillation between ~$340 and ~$435 before any major breakout. * A confirmed break below $340.61 (by ~1%) triggers a major sell signal. This could open a downside over the next 3–5 months toward ~$224.74. Until that breakdown happens, the trend bias remains constructive. * This week's focus is on $403.84, the key resistance/trigger level. It acts as a decision level: – Above → bullish continuation – Below → short-term weakness If $TSLA breaks ABOVE $403.84: – Likely move toward $435.24 by the end of the week – A reclaim of $435.24 becomes a strong, longer-term buy signal If $TSLA stays BELOW $403.84: Expect a pullback toward $383.25 (near-term support) If $383.25 breaks, it will signal a near-term top and open a move back to $340.61 within 1–2 weeks. * Trading Strategy this earnings week: Range trading approach (short-term): – Short near $403.84 → target $383.25 – Then potentially flip long at $383.25 → target back to $403.84 Momentum breakout approach: If the price closes above $403.84, stay long for $435.24 into Friday. If long and price breaks below $383.25, consider exiting longs and potentially flipping short toward the low $340s. * With earnings coming this Wednesday, expect volatility around these exact levels — this is not a “hold and hope” situation, it’s a level-to-level trading environment. * If you enjoyed this update, please like and share Watch the full #TSLA Trading Plan for Apr 20, 2026, in this short video