TSLA Testing a Key Support — Will Buyers Step Up? (Nov 19)TSLA has been drifting lower ever since rejecting the 423–440 supply zone, and now price is sitting right on top of an important support shelf around 397–401. This level has been tested multiple times and has acted as the midpoint of the entire October–November structure.
Tomorrow (Nov 19) will tell us if this support holds — or if TSLA breaks into the deeper liquidity zone toward 380 and below.
📌 TSLA — Daily Structure (1D)
The daily chart shows TSLA losing its rising trendline from August and pulling back toward the first major demand zone.
Key levels:
* 423–440 → Major supply, previous rejection
* 401–398 → Immediate support
* 380–381 → Next liquidity sweep
* 213 → Deep macro demand below
Right now TSLA is sitting right between two worlds — still above the major breakdown level, but below all the recent bullish structure.
📌 TSLA — Intraday Trend (1H)
The 1H chart shows a clean sequence of CHoCH → BOS → lower highs, confirming the short-term downtrend.
Short-term zones for tomorrow:
Resistance:
* 404–408 → First lid
* 415–423 → Major resistance + heavy supply zone
* 440 → Macro rejection zone
Support:
* 397–398 → Current support
* 380–381 → Next high-volume liquidity zone
* Lose 380 → quick move into 370s
The intraday structure stays bearish unless TSLA reclaims 408–415.
📌 TSLA — GEX Levels for Nov 19
This adds the real roadmap for tomorrow.
CALL Walls / Resistance
* 415 → Heavy call wall
* 423–430 → Largest positive GEX cluster
(This is why TSLA struggled to push higher all week)
PUT Support
* 398–400 → Highest negative GEX / HVL support
* 390 → Second put wall
* 380 → Strong third wall
TSLA is sitting directly on the 398–400 GEX shelf.
Lose this → 390, then 380.
📈 Bullish Scenario (Bounce From Support)
TSLA must hold 397–400 early in the session.
If buyers step in:
1. Reclaim 404–408
2. Push into 415 (first big wall)
3. Clear 415 → move toward 423
4. Break 423 → opens path toward 430
TSLA is bullish only if it breaks 408 first.
📉 Bearish Scenario (Break of Support)
If TSLA opens weak or rejects 404–408 early:
1. Drop back into 398–400
2. Lose 398 → straight to 390
3. Lose 390 → strong magnet toward 380–381
Your 1H chart structure supports this: BOS levels all pointing downward.
🔎 My Outlook for Nov 19
TSLA is sitting on a key support shelf (398–401), but momentum is still bearish. Unless TSLA reclaims the 404–408 range early, sellers continue to have control.
Bias:
* Neutral → Bearish below 404
* Bullish only above 408 → 415
As long as TSLA is under 415, upside is limited because of the heavy GEX resistance stack.
📌 Summary
* Daily trendline broken
* Support: 398–401, then 390 → 380
* Resistance: 404–408, then 415–423
* GEX strongest support: 398–400
* Bullish only above 408 → 415
* Bearish continuation under 398
⚠️ Disclaimer
This analysis is for educational purposes only. Not financial advice. Always trade your plan and manage risk.
