Tesla Update — TSLA
Since my previous analysis from last week, Tesla has dropped around 8%, and for now we may be close to a short-term pause in the decline.
From the current area, I am watching the possibility of an upside move toward the buy-side liquidity zone around $300–$330. In my view, this area could act as an important liquidity target, and price may attempt a sharp move into that zone before the next major reaction.
If price reaches and sweeps that liquidity area, my main scenario would be a corrective bearish move afterward, first toward the $255 region and potentially later toward the $197 area.
From there, I would start watching for signs of the next major bullish cycle, with a possible longer-term upside target around $400.
Overall, I remain bearish on the broader U.S. stock market, and Tesla is one of the major names I am closely watching. In my view, if the larger market weakness continues, TSLA could still experience a significant correction from its historical highs.
This is not financial advice. It is only my personal market view and technical analysis
ins: solevrage
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
ins: solevrage
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.