Tesla at week 6: double bottom and wall in the 405 area

Tesla is at week 6 of a buy signal with the trade still in negative territory. Our setup quality indicator reads 65 out of 100 — tension phase — and signal strength at 66 out of 100 reflects medium conviction on a stock with elevated volatility. The confirmation week closed bearish: the model's discipline points to keeping the position unchanged and managing the upcoming trimming windows carefully.