Aug. 23 at 8:32 PM
📊
$TSLA | Breakout + Gap Fill Attempt
$TSLA is showing strong momentum, pushing out of its recent rising channel and trading back inside the major downside gap. Friday’s +5.1% move puts bulls back in control short term, but there is still significant resistance overhead.
📌 Key Levels:
🟢 Support:
$350 Put Wall →
$340
🎯 Upside:
$370 →
$375 Gap Fill
🚀 Above
$375:
$400
🔴 Below
$350:
$340 →
$320
⚠️
$350 is the key level to watch. Holding above it keeps the breakout structure intact and gives bulls a chance to continue filling the gap.
📰 News Catalyst:
Tesla remains in focus around its FSD/Robotaxi story, while Musk continues to highlight Tesla’s longer-term autonomous driving and AI ambitions. Recent headlines have also kept SpaceX speculation and Musk-related catalysts in focus.
A hold above
$350 puts
$370–
$375 in play. Clear the gap and hold, and
$400 becomes the next major level to watch.
$TSLA