How Brian Shannon’s view on $TSLA changed

2026-09-11
2026-08-28Bearish
“Stock Market & Crypto Analysis for Week Ending 8/28/26”
TSLA expected to test low near 335 next week due to technical weakness below declining MAs.

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.