#TSLA SELL SIGNAL REMAINS ACTIVE BELOW $425.50 #Tesla #daytrading
1 extracted signal · 1 resolved · 0 still active
Wicked Stocks03 Jun 2026, 13:26 UTC
AI-generated source summary
The analysis focuses on Tesla (TSLA), identifying a descending channel top at approximately $448.95. The price action has recently tested and closed just above the $425.50 level, which is considered an important pivot point. The analyst suggests that if TSLA opens above $425.50 and yesterday's high of $424.42, it could signal a reversal to the upside. The target for this bullish move is seen at $446.17, which is the descending channel top identified on the weekly chart. This target is expected to be reached within the next 3 to 5 days. Conversely, if TSLA closes below $425.50 today, or more significantly, below $413.77 by the end of next week, selling pressures are expected to continue, potentially leading to a test of the $381.61 level, which represents the 61.8% Fibonacci retracement level.
AI-generated summary based on the source content.
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- Market predictions extracted
1 eligible signal linked to this case.
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Signals in this source
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