TSLA expected to test low near 335 next week due to technical weakness below declining MAs.
BearishHe framed it in days
“Stock Market & Crypto Analysis for Week Ending 8/28/26”
Brian ShannonPublished Aug 28 · 1 passage
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let's take a look at uh Tesla it's been having trouble with the declining 50-day moving average. Probably not a coincidence. So, this one probably just pinches between the 20 and the 50.
It's had a nice rally here. It's probably time to digest it a little bit. It's back below a declining 5-day moving average. Back, you know, and it hasn't done that in a while. We've been below a rising 5-day moving average, but now it's below a declining 5-day moving average.
So, you know, I would expect a test of the low most likely next week down near 335-ish. So, you know, that's something to consider.
What this channel has said about $TSLA
Brian Shannon has 2 calls on this stock; only the adjacent ones are shown.
2026-09-11
Um Tesla is right up against this prior bigger band of support in here and you've got the year-to- date anchor. It may continue to move up to there. I'd still rather see it pull back down to the anchor off of this low and you know, build some energy first.
Quote at 10:16 ›2026-08-28BearishThis one
let's take a look at uh Tesla it's been having trouble with the declining 50-day moving average. Probably not a coincidence. So, this one probably just pinches between the 20 and the 50. It's had a nice rally here. It's probably time to digest it a little bit. It's back below a declining 5-day moving average. Back, you know, and it hasn't done that in a while. We've been below a rising 5-day moving average, but now it's below a declining 5-day moving average. So, you know, I would expect a test of the low most likely next week down near 335-ish. So, you know, that's something to consider.