TSLA faces near-term resistance at ~$400; momentum is fading and consolidation is needed for a breakout.
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Next up on into Tesla. Tesla pushing up like much of the market this morning, but look at this drift higher that we've had here on Tesla. It's been a great push, but it's someone somewhat losing some steam.
And you can see that because we're not putting in any sort of proper move up consolidation move up consolidation methods. What I see here like on these other charts that have had significant breakdowns from trend lines.
This one highlighting also it's a common date guys back to that April 2025 low connecting pivot to pivot. So that clearly illustrates we've got an X marks the spot right here for Tesla right around $400 where I likely see resistance on Tesla in the near term. something that would likely take some consolidation to break through on that chart.
What this channel has said about $TSLA
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