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Correct
TSLA
Long Entry 318.2100 2025-08-07 15:02 UTC
Target 344.1900 In 4 Days Fail 301.2200
Risk/Reward 1 : 2
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Final PnL
8.16%
P/L:
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TSLA
Correct
Stocks
Technical
1H
Analysis Predict Bull Market
The analysis for TSLA predicts a potential upward continuation to $344.19 over the next one to two weeks if a daily settlement above the rising channel at $344.19 occurs. A trend line has been violated, however, closing above $317.95 indicates likely upward continuation. $332.39 is identified as a possible target. The long-term trend line at $317.95 can contain intraday selling pressures. A buy signal could appear between $342.29 and $344.19, potentially leading into September-October. Long-term, a settlement above $357.49 is needed, potentially acting as a spoiler on a buy signal above $344.19. Swing traders might consider shorting at $344.19 and exiting if TSLA closes above it. A trend line off the lows is mentioned, and while TSLA closed below it on a daily basis, it's holding on the weekly chart. If TSLA settles below $301.22 it would pivot the market south possibly to $250.33.
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