#TSLA ABOVE $345 CHANGES THE TRADE — WATCH FOR $380 #Tesla #daytrading
1 extracted signal · 1 resolved · 0 still active
Wicked StocksIndependent analyst profile- Source published
- 20 Aug 2026, 13:09 UTC
- Recorded by Tahlil Plus
- 20 Aug 2026, 14:50 UTC
AI-generated source summary
The analysis focuses on Tesla (TSLA) with a daily timeframe. The price has recently broken above the $345.07 level, which was previously identified as resistance within a descending channel. The immediate target is set at $360.90, representing the top of a shorter-term rising channel and a key psychological level. A close above $360.90 today would confirm bullish buying pressure, potentially leading to a test of $380.39 within the next 1-2 weeks. Conversely, if TSLA settles back below $345.07, it would neutralize the bullish expectations and signal a potential move back into the low to mid $290s, specifically targeting $291.81. A more aggressive failure scenario, with a settlement below $338.80, would pivot the outlook back into the low to mid $290s. For longer-term traders, a break above $380.39 could signal a move towards $418.52, but a sustained break below the mid-$290s support could eventually lead to a fall into the $220s.
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