TSLA – Daily Fib Continuation: Watch $350–355 for Break & Go (ta

TL;DR: TSLA is holding above the 0.5 retrace (~$334). A daily close above $355 opens $366 → $372 → $381. Lose $334 → $330 and the setup degrades toward $324/314.

Thesis

The prior swing’s Fibonacci map shows confluence at $350–355 (0.786/0.886 + round-number supply).

Structure is compressing above $334–335 support. A clean break/hold above $355 would likely trigger an extension leg to 1.272/1.414/1.618 at $366.7 / $372.5 / $381.0.

Below $334, momentum likely rotates back into the $330 → $324 → $314 demand ladder.

Key Levels

Support: $334.5 (0.5), $330.0 (0.382), $323.9 (0.236), $314.2 base

Trigger/Resistance: $347–350 (0.786–0.886), $355.5 (1.0)

Upside Targets: $366.7 (1.272) / $372.5 (1.414) / $381.0 (1.618) then $396.7 / $408.0 / $422.2 / $444.9

Trade Plan (alerts + confirmations, no auto-trading)

Scenario A – Break & Go (preferred)

Confirmation: Daily close above $355.

Execution: Drop to M15 for structure; take a retest of $350–355 as support.

M5 confirm: Bullish engulfing + MACD uptick.

Risk: Invalidation below $347 (or last M15 swing-low).

Targets: $366.7 → $372.5 → $381.0 (scale out).

Scenario B – Pullback Buy

Price tags $334–336 and holds (wicks rejection).

M15 forms HL; M5 prints engulfing + MACD cross.

Risk: Invalidation below $329.9.

Targets: $347 → $355 → $366.7.

Scenario C – Bearish Breakdown

Invalidation of bull idea: Full M15 body below $329.9 → look for $324 → $314. No longs until reclaimed.

Risk (keep it tight)

Risk %: 0.5–1% per idea.

Placement: Below invalidation or last M15 swing.

Scaling: 30/30/40 across targets; move stop to breakeven after Target 1.