Jul. 8 at 9:53 PM
$TSLA
The Bulls stepped in exactly at that
$390.51 mark twice (forming that double bottom), proving there is a strong cluster of buyers sitting right at the
$390 wholesale level who refuse to let it drop into the
$380S.
What is the play for tomorrow?
Because the day ended in a flat, tight after-hours consolidation around
$393.50, both sides have clear boundaries drawn for tomorrow's session.
The Bear Playbook: The Bears want to break today's low of
$390.51. If they can push the price below that double-bottom support tomorrow morning, it will trigger a wave of stop-losses and likely accelerate the down trend into the high
$380S.
The Bull Playbook: The Bulls need to reclaim the SMA line. Their immediate goal tomorrow is to push the price above today's afternoon resistance zone around
$395.00 –
$396.00. Getting a clean 15-minute candle to close above that pink line would signal that the intraday down trend is breaking and a reversal back toward
$400 is on the table.