Isleigh
06-25

๐Ÿ“Š TSLA โ€“ June 25 Quick Take

After surging ~8% on news of its Texas robotaxi debut, Tesla is pulling back into the $340โ€“345 resistance zone and flirting with support near $335โ€“332 .

๐Ÿ”ฅ **Short-Term Outlook (Next Few Days):**

Bull Case: Holding above $332โ€“335 could set up a retest of $351โ€“360, especially if robotaxi metrics stay positive and FSD buzz continues .

Bear Case: A breakdown below $332 risks a deeper slide to $320โ€“330, with further weakness possible if broader tech sentiment softens.

๐Ÿ“Œ Trade Zones:

Buy Zone: $335โ€“$332 โ€” near support, tight stop below $330

Sell/Take Profits: $350โ€“$360 โ€” near recent high, hold part of position

๐Ÿ” Catalysts to Monitor:

Ongoing robotaxi rollout updates from Austin

Earnings on July 2 โ€” guidance may reset sentiments

Macro factors like Fed or global risk (e.g., Middle East headlines)

๐Ÿ”ฎ Prediction Summary: Short-term sideways to bullish if Tesla holds support and robotaxi proof points emerge. However, watch for resistance around $350โ€“360โ€”this is where sellers tend to appear.

**I'm not a financial advisor. Trade wisely, Comrades!**

Tesla Rises for 5 Straight Days! Is This Rally Nearing Its End?
CEO Elon Musk provided an update on the company's robotaxi fleet on Sunday, and new data could suggest that its electric vehicle (EV) sales trends are improving. Fresh data on Tesla's order backlog shows Model Y wait times stretching to four-to-six weeks, up from one-to-three earlier this summer. The jump suggests rising demand, likely fueled by buyers rushing to secure the soon-to-expire $7,500 federal tax credit. Tesla has risen for 5 straight days. ----------- Is this rally nearing the end? Can Tesla break $350 or not?
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Comments

  • Stayclose
    06-25
    Stayclose
    Great analysis. Liked and shared
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