Tesla stock would have to break through 264.400 and maintain at that range to continue its rally
Currently, on the 4 hour time frame, the bollinger band showed Tesla’s price readjusting back into the bollinger bands. Tesla stock could possibly run for another 3-4 days, reaching a high of 270-275 range, as clearly backed by the -61.80 level fibonnaci.
Howver, there were multiple wicks around 265.200 to 265.720. The reason that wicks were form was due to its strong resistance held back in Janunary 2024, the$ 265 level before the downtrend begins.
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