Verified Investing on $TSLA (Nov 2, 2026)
TSLA touched its downtrend line and bounced, with an unusually clean ascent. Upside levels to watch: the pivot peak around $453, a repeated rejection point, and the record near $500 from December, just above the $450 psychological level. No net directional call is given.
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So we will cover some key stocks. I'm talking about SpaceX, Tesla , Datadog, Intel, Coca-Cola vs. Pepsi. Which one performs better? We'll also take a look at Amazon.
Let's move on from Elon Musk's company to the next one, Tesla. So, what are the two levels that I am monitoring for Tesla? First, we put this downtrend line on your radar here, and I'm very surprised by today's price action and how clean its ascent is.
Guys, we're only relying on the candle's tail here. Let me set it, you know , as precisely as possible on the candle tail here. And you move on to the daily candle. We dropped , we touched that level, and then we had a very good bounce.
Now, if we continue to bounce back, the two levels I would be watching on the upside here would be this pivot peak. So, this will be in December. Basically, we are looking here at record levels when it was close to $500.
And we have another pivotal summit that I'm also watching. You can see rejection there, and there, and there. That would be around the $453 level. So, we are close to the psychological level of $450 . Those are my levels for Tesla stock.
What this channel has said about $TSLA
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