TSLA: Watch $445 Break or $429 Loss
$Tesla Motors(TSLA)$
“$438.97 post-earnings fade: TSLA slips 0.82% — reclaim $445 to target $458; lose $429 risks $418”
$Tesla Motors(TSLA)$ Close $438.97 (-0.82%) on 10/22; day range $429.0–$445.5. About -9–10% below the 52-week high (~$484).
Drivers: mixed margin/volume read-throughs from the call, positioning de-risking into mega-cap earnings, rate jitters weighing on high-beta growth.
Tech & week-ahead:
Volume+MACD+RSI → momentum cooling (MACD flattening, RSI mid-zone);
Volume+SAR+EMA → 20/50-EMA converging, SAR just above price = supply on bounces.
Key levels: support $429 / $418 / $410; resistance $445 / $458 / $470.
Valuation: TTM P/E ≈ 263x, far above S&P 500 ~28–31x and its own mid-cycle band—execution must improve to sustain.
1–2 week base case: $418–$458 range; break $445 opens $458–$470, while a close <$429 tilts to $410–$418.
Sources: Yahoo Finance (latest close, range, P/E); TradingView (daily MACD/RSI/SAR/EMA). Not investment advice.
Sources: Yahoo Finance (latest close, P/E, range); TradingView (daily MACD/RSI/SAR/EMA). Not investment advice.
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