TSLA Recovery Setup: Support Reclaim and Retest Required

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TSLA Recovery Setup: Support Reclaim and Retest RequiredTesla, Inc.BATS:TSLATrade_Logic_AITSLA has a conditional bullish recovery setup from 351.3-362.6, provided that zone is defended or reclaimed. The thesis depends on a confirmed reaction at support; the supplied current price of 385.3 is above the intended setup area. The four-hour chart shows a recovery from an earlier low, followed by a sharp rejection and renewed selling. The calculated zone contains an 11% volume-profile shelf and aligns with chart extremes, making it a meaningful area to assess demand. However, the screenshot's latest price action and the supplied live-bar quote are not aligned, so they do not establish that a valid support reaction is occurring now. Before acting, the setup would require a test of 351.3-362.6, a four-hour close back above the zone, and a subsequent retest that holds. If confirmed, potential recovery objectives are 404.5, supported by an 18% volume shelf and a swing point; 425.7, supported by a 10.0% volume shelf and a swing point; and 453.4, identified in the supplied calculations as the extreme of the 260-bar window. Each objective remains conditional on price progressing through the preceding resistance. A break below 348.7 ends this thesis. If the latest verified bars have already breached that level, the original setup is invalid and would need fresh assessment. Position sizing would depend on the actual confirmation price and distance to 348.7, with a predefined loss limit. ATR(14) is 11.5 per four-hour candle, indicating substantial movement within a single bar. The supplied risk-to-first-target estimate is 1:3.0, but the actual ratio depends on execution; a later confirmation could materially reduce it. Partial reductions at the stated objectives could limit exposure as resistance is reached.