$700 by December 2027
By:TradingView
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Current Phase: Early Mark-Up — Post-LPS Breakout
TSLA completed a textbook Wyckoff re-accumulation sequence off the $273 April low (max drawdown -29.93% on April 8). Price consolidated between $370–$395 for three weeks following Q1 earnings on April 22, forming a Last Point of Support (LPS) above the post-earnings low of $373. Friday's +4% surge on above-average volume is a Sign of Strength (SOS) — institutions absorbed the final supply overhang and are now marking price up.
Price-Volume Read: The reclaim of the 200-day MA ($404.39) on volume is the most significant development of the past month. The implied volatility (IV) is currently very low with an IV rank of just 8.76 — the options market is not pricing in near-term volatility. This is a low-IV environment, meaning debit spreads are cheap and favorable.
Most Probable Next Move: Continuation toward $436 → $452 over 2–4 weeks, with $416–$418 acting as the new support floor. A back-test of the 200-day MA ($403–$405) on low volume would be a buyable dip; a break below $392 would invalidate the breakout thesis.
TSLA completed a textbook Wyckoff re-accumulation sequence off the $273 April low (max drawdown -29.93% on April 8). Price consolidated between $370–$395 for three weeks following Q1 earnings on April 22, forming a Last Point of Support (LPS) above the post-earnings low of $373. Friday's +4% surge on above-average volume is a Sign of Strength (SOS) — institutions absorbed the final supply overhang and are now marking price up.
Price-Volume Read: The reclaim of the 200-day MA ($404.39) on volume is the most significant development of the past month. The implied volatility (IV) is currently very low with an IV rank of just 8.76 — the options market is not pricing in near-term volatility. This is a low-IV environment, meaning debit spreads are cheap and favorable.
Most Probable Next Move: Continuation toward $436 → $452 over 2–4 weeks, with $416–$418 acting as the new support floor. A back-test of the 200-day MA ($403–$405) on low volume would be a buyable dip; a break below $392 would invalidate the breakout thesis.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Boston Omaha Corporation Authorizes New $30 Million Share Repurchase Program >BOC
Dow Jones•2026/09/11 12:15
Rent the Runway: Bariquit Appointed Non-Executive Chair of Bd >RENT
Dow Jones•2026/09/11 12:14
Rent the Runway: Dhiren Fonseca Will Step Dn as Executive Chmn and Continue as Member of Bd >RENT
Dow Jones•2026/09/11 12:14
Rent the Runway: Thomas Succeeds Teri Bariquit, Who Has Served as Interim CEO and Pres Since May >RENT
Dow Jones•2026/09/11 12:13
Crypto prices
More
Bitcoin
BTC
$76,930.72
-1.07%
Ethereum
ETH
$2,451.58
-0.33%
Tether USDt
USDT
$0.9995
-0.01%
BNB
BNB
$712.23
-0.44%
XRP
XRP
$1.33
-3.52%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$99.32
-1.62%
TRON
TRX
$0.3359
-1.29%
Hyperliquid
HYPE
$79.04
-4.28%
Zcash
ZEC
$1,093.83
-9.81%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now