Trendline Break Reversal
Analyst's reasoning:Tesla broke its uptrend line and cratered 7% in one day. The confluence zone near $367.33 includes previous gap support and the uptrend line, providing a bounce area.
Analyst's reasoning:Tesla hasn't reached support yet. Aggressive entry at $379.68 and conservative at $367.73, with an upswing trend line broken, allowing further downside.
Analyst's reasoning:TSLA is hovering at the $380 level the KOL has identified as a buy zone. A 'shadow signal' on the hourly chart suggests it may flip to a buy signal, potentially pushing TSLA back to $400 by Thursday or Friday. The KOL entered an option position with a $410 break-even.
Analyst's reasoning:Tesla touched a key trend line near $370 on Friday. If this level breaks and confirms, it signals a major technical breakdown. The KOL is watching closely, as this support has been a pivotal level for the stock's structure. A hold could provide a bounce, but the risk to the downside is significant.
- 6/11BULL
- 6/16BEAR
- 6/17BULL
- 6/26BEAR
- 5/12BEAR
- 5/12BULL
- 6/3BEAR