TSLA - CURRENT PRICE : 380.00 - 382.00
TESLA (TSLA) — TECHNICAL BUY CALL
Tesla is showing a repeatable breakout structure, where price has broken out from a descending channel, signaling a potential end to the downtrend phase. This is similar to the previous setup (refer to the green vertical line), where a breakout was followed by a sustained upward move. The key confirmation here is momentum—RSI has pushed back above the 50 level, indicating a shift from bearish to bullish momentum and supporting the validity of the breakout.
This combination of structure break (price) + momentum confirmation (RSI > 50) suggests buyers are regaining control and a new upward leg may be developing. As long as price holds above the breakout zone, this setup favors continuation to the upside, making it an early entry opportunity before stronger momentum kicks in.
ENTRY PRICE : 380.00 - 382.00
FIRST TARGET : 423.00
SECOND TARGET : 450.00
SUPPORT : 337.25 (the low of 9 April 2026)
TESLA (TSLA) — TECHNICAL BUY CALL
Tesla is showing a repeatable breakout structure, where price has broken out from a descending channel, signaling a potential end to the downtrend phase. This is similar to the previous setup (refer to the green vertical line), where a breakout was followed by a sustained upward move. The key confirmation here is momentum—RSI has pushed back above the 50 level, indicating a shift from bearish to bullish momentum and supporting the validity of the breakout.
This combination of structure break (price) + momentum confirmation (RSI > 50) suggests buyers are regaining control and a new upward leg may be developing. As long as price holds above the breakout zone, this setup favors continuation to the upside, making it an early entry opportunity before stronger momentum kicks in.
ENTRY PRICE : 380.00 - 382.00
FIRST TARGET : 423.00
SECOND TARGET : 450.00
SUPPORT : 337.25 (the low of 9 April 2026)
Trade active
Hit first target at 423.00 on 08 MAY 2026.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.