Main to remember
- Tesla Actions Skidded on Monday while investors are waiting for the highly anticipated quarterly results of the electric vehicle manufacturer, due after the fence of the Tuesday bell.
- Since he found a local background in early March, Tesla’s actions have consolidated in a descending triangle, a lower graphic model which signals a continuation of the recent downward trend of action.
- Investors are expected to look at major support levels on Tesla’s table around $ 170 and $ 139, while also following air areas close to $ 289 and $ 360.
Tesla (TSLA) shares skid on Monday while investors are waiting for the highly anticipated quarterly results from the electric vehicle manufacturer, due after Tuesday’s closing bell.
The company has published lower than expected delivery numbers in the first quarter earlier this month, and analysts have expressed their concern about the impact that the Trump administration prices will have the rest of the year on the car manufacturer. Market observers will seek updates to the CEO Elon Musk on the way Washington trade war with China should affect Tesla.
Tesla’s actions reversed the equipment in 2025, which has dropped 44% since the start of the year in the middle of the worries that Musk’s active participation in the Trump administration broke the brand of the automotive manufacturer, injuring sales and distracted it to lead the company. The action dropped by almost 6% to $ 227.50 on Monday.
Below, we decompose the techniques of Tesla’s table and identify important levels that deserve to be looked at.
The descending triangle takes shape
Since he found a local background in early March, Tesla’s actions have consolidated in a descending triangle, a lower graphic model which signals a continuation of the recent downward trend of action. In addition, the 50 -day mobile average (MA) crossed the 200 -day MA last week to form a disturbing cross of death, a technical event which provides for a drop in prices.
Meanwhile, the relative force index (RSI) indicates a momentum of the dull prices, the recent resumption of the action barely reclaimed the indicator above the threshold 50.
Identify two key support levels on Tesla’s graph where the actions could attract purchase interest in the middle of more in -depth sales and also locate important air areas that deserve to be followed during potential recovery efforts.
Key support levels to monitor
Ventilation below the lower trend line of the downward channel could see the accelerated sale around $ 170. Investors can seek to place purchase orders for purchase in this place near the lower beach of a consolidation period which was formed on the table while May and June from last year.
A larger drop opens the door for a move to $ 139, a location on the graph which could attract solid support near the first swing of last year. This area is also located just below a target to drop in the projected bars model which takes the downward trend of the stock following an anterior descending triangle on the graph and reposition it from the higher trend line of the current model, the analysis assuming that downward continuation movement can take place.
Important air areas worthy of follow -up
In the midst of potential recovery efforts in action, investors should keep an attentive eye on the level of $ 289. This region on the graph could exert a considerable sales pressure near the control of 200 days, the swing last month and the closing price of the post-electoral post-electoral difference in the action.
Tesla’s additional purchase in shares could lead to a $ 360 step. Investors who bought the stock at lower levels can look for outing points in this place near a trend line that connects the February counter-treatment with a range of corresponding commercial activities that go back to last November.
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