TSLA is showing improving intermediate-term technical structure as price reclaims and closes back above the rising 20-week and 25-week EMAs, suggesting the recent pullback may have been more of a healthy reset than a major breakdown. The weekly ADX remains relatively low near 16, which indicates trend strength has not fully confirmed yet, but the bullish crossover of +DI back above -DI hints that upside momentum may be starting to rebuild.

This combination often appears during the early stages of a developing trend before stronger directional movement emerges. A continued rise in ADX alongside sustained price action above the weekly EMA support zone near 390–400 would strengthen the bullish case considerably. For now, TSLA appears to be transitioning from consolidation back toward trend continuation, with the 460–480 area remaining an important resistance zone to watch.

Wishing you the best,

Wendy