TSLA stock price has finally touched the long-term trend line recently. This rebound has been somewhat dramatic, but from the chart, the key support level is around $420. As long as the weekly chart does not break below this level, I remain bullish for now—there is support in terms of space, and a bottom formation has also emerged over time. However, if it falls below $420, the signal changes, and a reassessment of the subsequent trend is needed. Currently, this position presents a good opportunity to go long.