Tesla Inc. ($TSLA) is showing signs of a potential rebound after experiencing nine consecutive weeks of declines. Analysts noted the formation of a rare double hammer pattern on the weekly chart, which is typically seen as a bullish indicator. The stock has also recorded its highest daily trading volume in over four months, accompanied by a capitulation candle and increased short volume, suggesting a possible short squeeze. As of March 24, 2025, $TSLA has risen by 10%, and traders are watching closely for further developments, particularly as the monthly candle approaches a critical level, with expectations that it could turn green if it closes above $293 within the next five days.