$TSLA

TSLA has heavy overhead resistance around $400 from several trend lines and the 50% fib, so it may pierce it and then consolidate for several days. A gap-up open above 40378 tomorrow would leave room to 421.88; otherwise about $400 caps the chart.

He framed it in days
“SPCX Liftoff Boosts Tech Ahead of TSLA & META Earnings”
Verified InvestingPublished Oct 21 · 6 passages

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0:4816:37

Tesla, we've got IBM, we've got Lamb Research, all moving after the bell, including Meta.

Another stock helping that regard is Tesla. Now, you see here with Tesla, I've got a lot of overhead resistance for Tesla in the most immediate vicinity. You can see here we've got, and I'll back this out so you can see a little bit cleaner.

We've got a high pivot that designated this declining trend line back in December of 2025. Strong uh string that trend line out, back down through these pivot highs, and that brings you above current price right around $39,424.

We've also got this inclining trend line which price had broken down from on this march up where we currently are. The inclining trend line's coming in at 39904. And then beyond that, I've got another inclining trend line that you see from a pivot low to a pivot low and another pivot low.

That's coming in basically right around $400, too. In addition, I got the 50% fib retrace, guys, from this high to the low at 39811. So, good gracious, a lot of resistance here at $400.

What that tells me simply, guys, if Tesla manages to gap up over $400, meaning that tomorrow morning at 9:30 in the morning, it opens above 40378, then we got some room to run up to 421.88.

Otherwise, we're going to have a lot of resistance here. I likely would see Tesla running potentially piercing it and then consolidating for several days to get through the one, two, three levels of resistance that are ahead of Tesla.

So, a lot of stuff and really actually four with this declining trend line. So, a lot a lot of resistance. Doesn't mean we can't pierce it, but where we close is where I'm going to be interested to see tomorrow.

Now, after hours, you can see we got up here as high as 39495. And much like I was describing, this area has just got a ton of resistance. Um it would be a feat for it to happen for it to close above and it certainly could uh as far as open tomorrow above, but we'll come to find out tomorrow at the opening bell.

Do we get above 400? Otherwise, we'll be uh running our heads into a ceiling on the chart of Tesla around the $400 mark.

Watchpoints

whether TSLA opens above 40378 at tomorrow's opening bell

What this channel has said about $TSLA

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