TSLA: Rebound extending; $344 is a key test zone

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TSLA: Rebound extending; $344 is a key test zoneTesla, Inc.BATS:TSLANira_raTSLA is showing clear signs of recovery from the low near $290. Although the price remains within a major downtrend channel, the short-term structure has improved as selling pressure wanes and momentum begins to turn upward. The $290–$300 range currently serves as a critical support base. If this area holds, I expect TSLA to sustain its rebound and move up to test the $340–$344 zone, which aligns with the upper boundary of the downtrend channel. Fundamentally, the narrative surrounding AI and Tesla's investment in chip infrastructure continues to support positive sentiment, while a less strained interest rate environment also benefits growth stocks. Key view: Bullish bias driven by the rebound; as long as the price stays above $290, the near-term target remains $344.