bigwaves.club

tesla

Tesla Stock Analysis

TSLA chart

3/23/25

• Another wild week for TSLA with big drops on Mon/Tue and a strong comeback on Friday.
• The rebound was fueled partially by the town hall event and the overall optimism in the tech sector with funds flowing out of bonds.
• The stock is not out of the woods yet, as it is still bouncing between key levels in the chart. But the timing should be close to a large move, more likely to the upside.
• Bulls should pay attention to Tesla’s business fundamentals and Elon’s headline news, while bears should be mindful of short squeezes.

3/17/25

• As of 3/17/25, TSLA has faced significant selling pressure in recent weeks.
• The following charts (TradingView) show key levels based on the volume-averaged price over the last approximately 300 trading days.
• It is unlikely to drop below the 218 level, the recent low, unless something unexpected and extreme occurs.
• If it does break through, 180 and 194 are relatively safe zones for engagement.
• For bears, be cautious of any unexpected positive news regarding the stock that could trigger a squeeze.