Part 7/10:
The analyst believes this can result in a major upside jump—potentially from current levels (~$316) back to $360–$400—before facing a period of consolidation or sideways movement.
Trading Strategy and Risks: Navigating the Tsunami Versus Range
While optimistic about the short-term, the strategist emphasizes situational awareness. They differentiate between a trading range—a period where Tesla’s stock might oscillate between support and resistance—and a tsunami—a powerful, accelerating force driven by the robo taxi catalyst.
Currently, the scenario is more akin to a trading range with a building tsunami. This means the stock might go up sharply but could also face temporary setbacks, especially as operational challenges surface around the deployment ceiling.