$Tesla Motors(TSLA)$ appears to be entering another parabolic phase, which is likely the last thing bears want to see. Momentum is rebuilding and the stock continues to attract attention. The risk for shorts is that if buyers keep defending key levels, another strong trend leg could develop.
After some consolidation, the structure is showing renewed strength. The key thing to watch is whether price can maintain higher lows and break through major resistance with volume confirmation. While parabolic moves can create powerful upside, volatility and valuation risks are still there.
It's a matter of watching whether this turns into another momentum cycle or just a temporary bounce. Often, the first reaction isn't the final one.
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