Tesla Approaches $480 Resistance – Uptrend Still IntactTesla, Inc.BATS:TSLAEmmaChartistHello everyone, Tesla is trading around $468, continuing its recovery since mid-October. On the 4H chart, the medium-term bullish structure remains clear: price consistently forms upward Fair Value Gaps, stays above the Ichimoku cloud, Tenkan-sen crosses above Kijun-sen, and volume rises above $460 – indicating stable buying interest. Fundamentally, Tesla’s uptrend is supported by strong Q3 results: revenue of $29.3 billion and gross margin rising to 19.2%. FSD v13 technology and the Dojo AI project continue to provide long-term growth expectations. However, competition from BYD/NIO in China and production costs in Europe remain risks. With the Fed pausing rate hikes and US equities recovering, Tesla is among the leading momentum stocks. Price action around the $475–480 zone will be decisive: a breakout could push towards $500, while failure may see consolidation back to $450.