Tesla Long Longseems like we are done with those lower prices; this week´s target is $305.
as you can see the SL and TP
GL
TSLA trade ideas
TSLA resuming downtrend target the same 155TSLA weirdo
Monday will be a good day to load up on shorts again
Still target 155
GEX Analysis & Options “Game Plan”🔶 Short- and longer-term perspective in a high IV, negative GEX environment
🔶 KEY LEVELS & RANGES
Spot: 221
Gamma Flip / Transition: around 250 (the turquoise zone on the chart)
– This zone typically marks a “power shift.” If price decisively breaks above 250 and holds, market makers’ gamma positioning could flip from neutral/negative to positive.
Put Support: 200
– A large negative gamma position has accumulated here, making 200 a strong support level. If it breaks, the downside may accelerate.
Call Resistance: 400
– A major long-term “call wall” where a significant amount of OTM calls are concentrated. It’s more relevant to LEAPS; currently far from spot, so not a realistic short-term target.
Call Resistance #2: 300
– A medium-term bullish objective, still above the 200-day MA. You’d need to be strongly bullish to aim for ~300 by May (e.g., going for a 16-delta OTM call).
Short-Term / Intermediate GEX Levels:
– There are gamma clusters around 220–230 and 250–260 . These areas often see higher volatility, possible bounces, or stalls (chop) due to hedging flows.
🔶 WHATEVER SCENARIO – SHORT TERM (0–30 DAYS)
A) Upside Continuation / Rebound
– If TSLA closes above 225–230 , the next target is 240–250 (transition / gamma flip).
– If it breaks above 250 and holds (e.g., successful retest), market makers may shift to “long gamma,” fueling a quicker move to 260–270 .
– Resistance: 250, 300, with an extreme LEAPS-level at 400.
B) Downside Move / Bearish Break
– If price dips below ~220 and sustains, the next targets are 210–200 (major put wall / negative gamma).
– If 200 fails, negative gamma may magnify the sell-off. It’s an extreme scenario but still on the table given high IV and macro/geopolitical risks.
– Support: 210, 200 — likely stronger buying interest near 200, possibly a short-term bounce.
– The options chain suggests near-term hedging via puts for this scenario.
C) Chop / Sideways
– If TSLA stays in 210–230 , market makers (short options) might benefit from high IV/time decay.
– Negative GEX, however, can trigger sudden moves in either direction; caution is advised.
🔶 LONGER-TERM FOCUS (6–12 MONTHS, LEAPS)
NET GEX = -61.97M (negative territory) suggests longer-dated positioning is also put-heavy or carries notable negative gamma.
HVL / pTrans = 250 is a key pivot; cTrans+ = 400 is distant call resistance. Between these levels, there’s a mix of put/call dominance.
If Tesla undergoes a fresh growth phase (AI, robotaxi, energy storage, etc.) and clears 250/300 , 400 could become the next significant call wall — but that’s more of a multi-month horizon.
🔶 STRATEGY IDEAS (High IV Environment)
1. Short-Term Bearish
– If you’re bearish and expecting TSLA to test 220–210, consider a bear put spread or net credit put butterfly (lower debit) to leverage high IV.
– Targeting 200, but keep in mind negative gamma may accelerate downside movement.
2. Medium-Term “Contra” Bullish (bounce to 250)
– If GEX suggests a bounce off 210–220, consider a bull call spread (e.g., 220/240) or a net debit call butterfly (220/240/250).
– Be mindful of sudden swings, as we remain in negative gamma territory.
3. Longer-Term Bullish (>3–6 months)
– A call butterfly with upper strikes around 300–350 offers capped debit and higher potential payoff if a bigger rally materializes.
– A diagonal spread (selling nearer-dated calls, buying further-out calls) exploits elevated front-end IV.
4. Neutral / Range-Bound
– If TSLA stays in 200–250 , you could use Iron Condors (e.g., 200/260) to benefit from time decay and any IV collapse.
– Exercise caution: negative gamma can generate abrupt, directional moves, making a neutral stance riskier than usual.
🔶 ADDITIONAL NOTES & “BIG PICTURE”
High IV & Negative GEX: TSLA has a track record of large swings. Negative GEX can intensify sell-offs, while forced hedging might trigger rapid rebounds.
Preferred Structures: With expensive premiums, spreads (vertical, diagonal) and butterfly configurations generally fare better than plain long options (less vulnerable to time decay).
Potential Catalysts: AI announcements, Autopilot breakthroughs, new product lines, and macro changes can swiftly alter market dynamics. Keep tracking GEX updates and news flow; TSLA tends to respond dramatically to fresh developments.
🔶 Bottom line: From 221 spot, watch 210–200 on the downside and 240–250 on the upside short term. Medium-term bullish target = 300 , while 400 remains a far LEAPS scenario. High IV + negative gamma = fast, potentially volatile moves — so risk management and spread-based approaches are crucial.
Tesla Shares Tumble 7%+ Following Cybertruck Quality ComplaintsTesla Inc. (NASDAQ: NASDAQ:TSLA ) faced another sharp sell-off on Thursday 10th. The stock dropped 7.27% to close at $252.40, down $19.80 for the day. However, volume was high, reaching 399.04 million shares.
The fall followed reports of build quality issues in Tesla’s Cybertruck. Owners posted complaints on the Cybertruck Owners Club forum. Several noted that the vehicle’s metal panels had detached.
Additionally, videos showing Cybertruck damage in cold weather gained attention on social media site X. These reports raised concerns over production quality.
Tesla had been recovering before the recent plunge. However, concerns about product reliability appear to have paused the rebound.
Technical Analysis
The 3-day chart shows Tesla in a strong downtrend. The stock broke below $290, triggering a drop to around $220 before bouncing back to $252. Price recently respected a key support near $190m, which may act as a floor for future declines. High volume near support signals buyer interest. If Tesla breaks above $290, it could retest $300. That zone acts as resistance and aligns with the 50- and 100-day moving averages at $252 and $232, respectively.
The longer-term target is near $488, but the price must clear $290 first. A failure to hold support near $220 could send the stock back toward $180. The RSI is at 42.77, slightly above oversold. Momentum is weak but may shift if price builds support above $250. Tesla’s next move depends on how it manages both technical resistance and consumer concerns.
TSLA - Rebound From Major SupportBullish Divergence along with Marubuzo candle formed.
High Probability for a bullish breakout
What Do You Think
HammeringWe are holding above a 2 year old resistance. It had extensively been exceeded in November last year and as fast retraced this year so far.
This looks as we have reached a level of market balance now.
The candle stick Hammer may now hammer out this resistance as the new long term bottom.
TESLA: DOESN'T GET MUCH SIMPLER THAN THISThe downtrend is obvious, clear, and well defined. The long term downtrend will continue for the foreseeable future.
Maybe if this company changes its CEO, that will inspire confidence in the stockholders
TSLA next 240 then 240Bear Flag breakdown on 15m chart
If we break down the 50% fib then TSLA
has chances to go all the way back to yesterday's low
Market not showing any kind of trust in this bull move
Tesla (TSLA) Shares Jump Approximately 22% in a Single DayTesla (TSLA) Shares Jump Approximately 22% in a Single Day
Tesla was among the standout performers in the stock market rally that followed President Trump’s decision to delay, by 90 days, the implementation of new international trade tariffs — with the notable exception of China. According to the charts, Tesla (TSLA) shares surged by approximately 22%.
Why Did TSLA Shares Soar?
Some insight comes from Cathie Wood, CEO of asset management firm ARK Invest.
In an interview with Barron’s on Wednesday, she noted the following:
→ Tesla plans to launch a new, more affordable vehicle this quarter, likely priced at around $30,000 — roughly half the cost of the base Model Y.
→ The upcoming release of Tesla’s robotaxi service could also lower the need for large upfront vehicle purchases, offering consumers a more economical alternative.
→ Tesla sources more components from North America than most other US carmakers, meaning it is less exposed to tariff-related costs.
And there’s another reason TSLA may have jumped — one that can be found in the chart.
Technical Analysis of TSLA
Take note: the March and April lows (marked with arrows) are both around the $220 level. Meanwhile, the S&P 500 (US SPX 500 mini on FXOpen) posted a significantly lower low in April compared to March. This suggests that, in early April, TSLA was outperforming the broader market. Why?
One possible explanation is that there has been — and perhaps still is — a strong accumulation interest in TSLA. Buyers may have been quietly scooping up available shares amid recession fears. When yesterday’s news suddenly shifted market sentiment, the “spring” uncoiled, catapulting TSLA’s share price upward.
However, the overall downtrend remains intact. If bullish momentum continues, the price may encounter resistance around the psychologically significant $300 level — which coincides with the upper boundary of the downward channel.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
TSLA in the coming monthsBased on my analysis using three-month candlestick charts, TSLA is not in a bear market yet. It may test the 202 level and possibly even dip to the 168 area. However, as long as it holds above that range, the outlook remains positive.
The market may be choppy in the coming months, which could present some solid trading opportunities.
Good luck to us all!
TSLA. Are we buying the dip?Retest on weekly/monthly trendline with clear as day bounce. Market sentiment shifted today with it being one of the best days since 2008 I believe. I consider i’m all in on a swing.
TSLA 45M chart - BULL flag Coiling for Breakout!www.tradingview.com
🚀 TSLA 45m – Bull Flag Coiling for Breakout
NASDAQ:TSLA TSLA ripped from $214 → $276 📈 and is now forming a bull flag just under resistance at $276.87.
🔹 Strong volume on the pole, cooling off during flag 🧊
🔹 RSI ~74 — strong, but not overheated 💪
🔹 MACD crossover 🔄 + momentum building 📊
🔹 Above all key EMAs (20/50/100/200) 🟢
🔹 OBV trending up — smart money is loading 💼📦
⚠️ Breakout above $277 = launch toward $293–$300, with extended target of $310–$330 if trend continues.
❌ Invalidation below $263.
📌 Watching for a breakout + retest entry 🔁
Let it cook. 🔥
Tesla Taps the Golden Zone – Is the Launch Sequence Engaged?Tesla (TSLA) has shown textbook precision by respecting the golden zone after a significant sweep of previous highs. Rather than violating the last HTF low—which would’ve hinted at deeper downside—price instead retraced cleanly into the OTE (Optimal Trade Entry) range and reacted with strong bullish intent.
This move indicates a healthy retracement rather than weakness, suggesting a continuation to the upside. Confirmation of this potential bullish leg would be a sustained close above the 272–300 level, which aligns with previous buyside liquidity zones and Fibonacci confluence.
Key Observations:
- Golden Zone respected: Price bounced cleanly between the 62–79% fib levels.
- HTF low protected: No violation of higher timeframe bullish structure.
- Volume spike supports the reversal move.
Targets:
- Short-term: 300.61
- Mid-term: 416.67
- Long-term swing: 861.17 (over 255% potential gain)
Conclusion:
Tesla looks set for lift-off 🚀. The reaction at the golden zone and the preservation of structure give high confluence for a potential explosive move higher. Wait for confirmation via price continuation and structure integrity.
As always — DYOR (Do Your Own Research).
TSLA bulls continue to hold the line!we retested that previous trend resistance zone, and once again it acted as supported. We also bounced from support zone again at the same time.. making it a bullish cluster support bounce.
The move to 300+ may be coming soon, boost and follow for more updates 🔥
TSLA | Long | Technical Buy Zone + Volume Spike | (April 9, 2025
1️⃣ Insight Summary:
Tesla is pulling back into a strong demand zone with rising volume, signaling potential accumulation. While fundamentally overvalued, the technicals show this could be a high reward-risk trade if price retests lower levels.
2️⃣ Trade Parameters:
Bias: Long (if retest happens)
Entry Zone: $220 – $223 (ideal buy zone on a potential pullback)
Stop Loss: Below $206 (breakdown from structure and invalidation of support)
TP: $440.36 (2x reward-to-risk potential)
Risk/Reward Ratio: ~1:15 (based on current setup)
Status: Not yet in position — watching for a retest into support zone
3️⃣ Key Notes:
✅ Significant buy-side volume showing up around current levels
✅ Buy signals and price action bouncing from higher-timeframe demand
✅ Although TSLA is widely viewed as fundamentally overvalued, technical setups like this can still offer solid short- to mid-term returns
❌ Invalidation is clearly below $206 — that breaks the thesis and the base
📉 Waiting for confirmation of a pullback and bounce before entering; chasing here isn't ideal for the reward-risk profile
4️⃣ Follow-up Note:
Watching price closely for a potential re-entry toward $220. Will update this trade idea if we get a clean test or breakout.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not financial advice. Always conduct your own research. This content may include enhancements made using AI.
TSLA movement 09-04-2025Teslas old support and resistances have flipped. To wait to see if either new trend line is broken and a new trend establishes is imperative. But with the market beeing so bearish the new support will probably be the one to break and a continuation of the bearish trend will most likely continue. however the lower the price moves the better the profit margins will be when trend eventually reverses.
NASDAQ:TSLA
TSLA Best Level to BUY/HOLD 100% bounce🔸Hello traders, today let's review daily chart for TSLA. we are
looking at a 67% correction, almost complete now, another 67%
recent correction presented on the right.
🔸Most of the bad news already price in and we are getting
oversold, expecting a bottom in weeks now not months.
🔸Recommended strategy bulls: BUY/HOLD once 67% correction
completes at/near strong horizontal S/R 140/150 USD, TP bulls
is 280/300 USD, which is 100% unleveraged gain.
**Tesla (TSLA) Market Update – April 9, 2025**
📉 **Stock Decline:** TSLA closed at $221.86, down 4.9%, amid new tariffs and CEO Elon Musk's political involvement
**Analyst Downgrades:*
Wedbush's Dan Ives cut the price target by 43% to $315, citing a "brand crisis"
Wells Fargo's Colin Langan set a target at $130, anticipating a potential 50% drop
📊 **Delivery Shortfall:** Q1 deliveries fell 13% year-over-year to 336,000 vehicles, missing expectations by about 40,000 unis.
🌍 **Tariff Impact:** President Trump's new tariffs are expected to increase costs and disrupt Tesla's supply chain, especially concerning Chinese operatins.
💡 **Investor Sentiment:** Analysts express concern over Musk's political ties affecting Tesla's brand and sales, particularly in China.
Why Support and Resistance are Made to Be Broken ?Hello fellow traders! Hope you're navigating the markets smoothly. As we go through the daily dance of price action, one thing becomes clear support and resistance are just moments, not walls. They're temporary. Momentum and trend strength? Now that’s where the real story lies.
This publication dives into how these so-called key levels break and more importantly, how to position yourself smartly when they do. Stay flexible, trade with confidence, and let the market lead. Let’s get into it.
Why Support and Resistance Levels Break
Support and resistance are some of the most talked-about tools in technical analysis. But here's the truth they’re not meant to last forever.
No matter how strong a level may appear on your chart, it eventually gets tested, challenged, and often broken. Why? Because the market is dynamic. The real edge for a trader lies not in hoping a level holds, but in reading when it’s about to fail and being ready for it.
No Resistance in a Bull, No Support in a Bear
Ever seen a strong bull market pause just because of a resistance line? It doesn’t. Price keeps pushing higher as buyers keep stepping in. Same goes for a strong bear market support levels collapse as fear takes over and selling snowballs.
Instead of clinging to lines on a chart, think bigger: Where is the momentum? What’s the trend saying? That’s where your trading decisions should come from.
Support and Resistance: Not Fixed, Always Shifting
Yes, these levels matter but only as zones, not exact prices. They’re areas where price has reacted in the past, where traders might expect something to happen again. But they’re not magic numbers.
When traders treat these levels as absolute, they fall into traps false confidence, poor entries, tighter than-needed stop losses. Always remember: market sentiment, liquidity, and institutional activity are constantly changing. So should your interpretation of the chart.
The Temporary Nature of These Levels
Markets move on supply and demand. A level that acted as resistance last week could easily become support next week. Or break completely.
Take the classic example support turning into resistance. When support breaks, former buyers might now be sellers, trying to get out on a bounce. That flip happens because behavior and sentiment have shifted. And as traders, that’s the real pattern we need to track not just price levels, but the psychology behind them.
“Strong” Support? It’s Mostly an Illusion
We all love the idea of a strong level something we can lean on. But large players? They don’t think like that.
Institutions don’t place massive orders at a single price point. They spread across a zone building positions slowly without moving the market too much. What looks like a strong level to us might just be an accumulation or distribution range for them. Always think beyond what’s visible on the surface.
How to Spot Breakouts Before They Hit
Here’s what separates seasoned traders from the rest the ability to spot potential breakouts before they explode.
🔹 Volume Confirmation: If a resistance level is tested repeatedly on rising volume, that’s a big clue buyers are serious.
🔹 Structure Shifts: Higher highs in an uptrend or lower lows in a downtrend signal that the old levels are being challenged.
🔹 Liquidity Traps: Watch out for fakeouts. These are designed to trap impatient traders just before the real move.
🔹 News & Events: Never ignore macro triggers. Earnings, economic data, or geopolitical surprises can fuel breakouts that crush technical levels.
🔹 Break & Retest: A solid strategy — wait for the level to break, then get in on the retest.
🔹 Momentum Tools: Indicators like RSI, MACD, or even EMAs can offer extra confidence that a move has legs.
3 Practical Trading Setups
1. Breakout Trading
Mark key levels on daily or weekly charts.
Watch for volume and momentum confirmation.
Enter after a clear breakout or retest.
Stop-loss: Just below resistance (for longs) or above support (for shorts).
2. Range Trading
If price is stuck between support and resistance, trade the range.
Look for price rejection (wicks, pin bars, etc.).
Use RSI or Stochastics to time entries.
3. Trend Following
Identify the dominant trend using moving averages or price structure.
Avoid going against the trend unless reversal signs are very clear.
Let profits run use trailing stops instead of fixed targets.
Mind Over Market: Psychology of S&R
One of the biggest traps in trading? Overtrusting support and resistance.
We get emotionally attached. We want the support to hold or the resistance to reject. And that bias clouds our judgment. How many times have you seen price break a level — and you freeze because it “wasn’t supposed to”?
To break free of that:
✅ Trade with a plan.
✅ Set your risk before the trade, not after.
✅ Don’t treat any level as sacred.
✅ Stay open to what the market is telling you not what you want it to say.
Final Thoughts
Support and resistance are great tools but they’re just one part of the puzzle. The real power lies in reading price action, watching volume, and understanding market sentiment. Don’t ask, “Will this level hold?” Ask instead, “What happens if it breaks?”
That shift in thinking? It can make all the difference.
Stay sharp, stay adaptive, and keep evolving with the market.
Wishing you green trades and growing accounts!
Best Regards- Amit Rajan.
TSLA on the way to 155Our long term projection for Nazi Elon's TSLA is $10
but on short term basis our target remains the same 155
TSLA Recovery PossibilityFollowing a rough start to 2025- here's a potential playout for a Tesla recovery. Recent news has overshadowed the potential in Tesla's future and robo-taxi initiative.
TSLA Breakdown Looks Weak! Bearish Momentum Builds Under Key ZonTSLA just broke down from a key structure with rejection under $243 and failed to reclaim it. Price is now stuck in a bearish SMC range and sitting inside a demand zone that’s showing signs of weakening. Here’s how it’s setting up:
📉 Market Structure & SMC
Price is clearly trending inside a downward channel with consecutive break-of-structure (BOS) moves. The most recent bearish BOS confirms continuation, and there has been no clean change-of-character (CHoCH) to suggest bulls are regaining control. Supply remains untouched above $243, while price has now tested the $214–$221 zone multiple times.
📊 Indicators – MACD & Stoch RSI
MACD histogram is fading and showing no momentum crossover. Stochastic RSI is deeply oversold but not turning up yet — this could signal either a pause or a weak bounce before continuation down.
📉 TrendInfo Summary (1H)
The TrendInfo panel is heavily tilted bearish:
Momentum (MACD, RSI, DMI) is all red
Volume remains average but favoring red candles
Fear & Greed sentiment reads at Fear (-14.42)
Final recommendation: Sell (90%)
This confluence supports the bearish thesis unless bulls step in aggressively at $214.
🧠 Options GEX Insight
On the options side, we’re seeing a major wall of negative gamma around the $215–$220 zone — and the highest negative NETGEX / put support sits at $214.25, right where price is hovering.
If this level breaks, gamma flows could accelerate downside volatility toward $200–$210, with no real put wall protection below until $190.
On the flip side, the upside is heavily capped at $237.5 with HVL at that level. The nearest significant resistance lies at $260–$262, aligning with major call walls and the 62% GEX call resistance zone.
IVR is extremely elevated at 137.8, with IVx at 140.2, showing strong option demand and volatility pricing. However, most of the flow is put-heavy (1.6%), suggesting institutions are not betting on a recovery just yet.
🎯 Trade Thoughts & Scenarios
If price bounces here, we may see a short-term move to $230–$237.5 (gap fill or HVL reversion). However, unless TSLA reclaims $243, the broader structure remains bearish and rallies are likely to be sold.
If $214 breaks, that opens downside to $210 and even $200 fast — especially with this kind of GEX structure.
Swing traders can consider shorting failed bounces with tight risk above $230. Intraday scalpers can hunt rejections at $225–$230 zone.
Final Thoughts:
TrendInfo, order flow, and SMC structure are all leaning bearish. TSLA needs a strong shift in sentiment or macro support (like QQQ/SPY bottoming) to reverse this trend. Until then, bears are in control.
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
[TSLA] Bear Market to $15: Musk’s Empire at Risk?Tesla’s market cap now surpasses the combined market cap of all major automobile producers. Elon Musk is undeniably a genius, yet this staggering valuation owes much to a robust bull market and post-COVID hype. If Tesla were valued using the same earnings and revenue multiples as the average automaker, its stock price would hover between $15 and $20 per share.
TECHNICAL ANALYSIS
Tesla’s chart is one of the most striking I’ve ever seen. It reflects a powerful bull market that has completed an Elliott Wave five-wave structure, signaling that a bear market is likely next.
Wave 4 formed a running triangle—a pattern typical in strong trends—and was followed by a short Wave 5, exactly as expected. Running triangles paired with a brief Wave 5 often indicate distribution. Indeed, Tesla’s chart reveals a beautiful four-year distribution phase (2021–2025). During this period, the stock struggled to climb higher due to persistent selling pressure. Strong hands have now offloaded their shares to weaker hands, setting the stage for a bear market.
A triple divergence on the monthly RSI further confirms extreme overbought conditions and reinforces the case for selling. There’s no significant support until the $15–$20 range.
If my prediction of a 2008-style crash in the S&P 500 (see related ideas) holds true, Tesla could bottom out around $15—a level that, intriguingly, aligns with its COVID-era low.
"Bull market geniuses turn into bear market fools."
Elon Musk net worth derives value mostly from Tesla and SpaceX as other companies are illiquid and very speculative.
Current Musk's Tesla stake is worth around $100 billion if the price falls down to $15 it would be worth $6 billion, all other things being equal that alone would put a significant dent in his net worth.
Musk is widely recognized as someone who leverages his Tesla shares and SpaceX to fund other ventures and lifestyle.
It is not clear at what price level his margin calls are and what arrangements he has with banks but if crash of this magnitude happens all his Tesla shares could be wiped out with possible full blown bankruptcy.
I wish him well and hope he does well, but this scenario is not unlikely and interesting to ponder.
TSLA Needs More Clear Signs for a Trend Shift
Tesla's price action in 2024 has shown signs of weakness, casting doubt on the strength of its long-term upward trend. After a sharp decline from its peak, the stock is now at a critical juncture where key levels and momentum are in play. Here’s an in-depth look:
Potential Bounce at Key Support: Tesla is currently heading toward the 180/140 support zone, which could act as a pivotal point for a potential rebound. If the stock manages to hold above these levels, it could set the stage for a recovery move toward the 300 resistance zone. The importance of this support level cannot be overstated, as a failure to hold could lead to further downside.
Weak Momentum: Despite attempts at upward movement, Tesla's long-term bullish trend has significantly weakened due to a lack of momentum in 2024. The stock is struggling to build on past gains, and this lack of follow-through is a warning sign for those expecting continued growth. Momentum is a critical factor in maintaining an uptrend, and without it, the path of least resistance may be down.
Breaking Below Key Levels: A significant development is the breakdown below the 300 level, a key psychological and technical level for Tesla. This breach signals a shift in market sentiment, and until the price can reclaim this level, the bearish pressure is likely to persist. Reversals from such levels often require strong confirmation, which has not yet materialized for Tesla.
Trading Below Moving Averages: Tesla is now trading below both its 200-day and 20-day moving averages, further confirming the weakness in the trend. These moving averages act as important indicators of market sentiment and trend direction. Being below these averages suggests that momentum is against the stock, and the risk of further declines remains high unless a significant reversal occurs.
50% Decline from Peak: Since reaching its peak at 488.54, Tesla has seen a 50% decline, and there are no clear signs of a reversal in the short term. This prolonged decline suggests that the bearish trend is still in control, and the stock must show stronger signs of recovery before a sustainable upward move can be expected.
Key Takeaway: Tesla’s current technical setup does not signal a clear shift to the upside. If the price continues to fall, the 180/140 support zone could become a crucial turning point for a potential trend reversal. However, the overall trend remains weak, and recent upward swings have lacked the strength needed to confirm a shift. In the short term, more evidence is needed before calling for a sustained move higher.
