Tesla Stock Price Analysis | Top $TSLA Levels To Watch for August 21st, 2026
1 extracted signal · 1 resolved · 0 still active
Wicked StocksIndependent analyst profile- Source published
- 20 Aug 2026, 21:32 UTC
- Recorded by Tahlil Plus
- 21 Aug 2026, 00:02 UTC
AI-generated source summary
The analysis focuses on Tesla (TSLA) using a daily chart. The price is observed to be within a descending channel, and on the weekly chart, it bounced off the 18-month channel bottom. A recent bounce occurred from the low of the 18-month channel bottom. The current price is around 345.13. The analysis suggests a potential upward movement, targeting 363.31, which is a previous resistance level and the midline of the descending channel. The failure bound for this bullish view is set below the recent support at 331.48, specifically at 331.48. A close below 331.48 would invalidate the bullish short-term outlook. The analyst also notes that if the price breaks above the 380.39 level, it could extend higher. However, the immediate focus is on the potential continuation of the rally from the current support, with a short-term target of 363.31.
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