Part 8/9:
Above $460: The odds favor a correction, possibly retracing to $400-$420 before resuming an upward trend.
Market Watch: Keep a close eye on macroeconomic indicators, economic data, and upcoming catalysts like new product launches, regulatory approvals, or geopolitical events.
Conclusion: A Cautiously Optimistic Outlook
While Tesla’s recent rally has been impressive, both statistical analyses and technical indicators point to increasing risks of a correction before further upside potential. The author advises contentment for investors with less than full exposure but recommends tactical trading and risk management strategies for overexposed, leveraged traders.