2026-04-02
Market Status: TSLA is in a downtrend, trading below all major EMAs (9: 372.55, 50: 401.01, 200: 393.47). The stock faces significant overhead resistance.
Technical Indicators: MACD remains negative at -11.91 with diverging histogram (-0.89), signaling continued bearish momentum. RSI at 37.61 is approaching oversold territory but hasn't reached the critical 30 level yet.
Recent Action: Sharp gap-down on April 2nd from 364.20 to close at 360.51, erasing gains from the prior two sessions. This shows sellers are in control.
Prediction: Tomorrow likely sees consolidation or further downside. Weekly close expected below open given bearish momentum. Watch for potential bounce if RSI hits oversold levels.
Trend: 🐻 BEARISH
Candlestick Pattern: Bearish Gap Down (Apr 2: opened 364.20, closed 360.51 after Apr 1 close of 381.26) - significant gap indicating strong selling pressure
Support: 🟢 359.03 (recent low on Apr 2)
Resistance: 🔴 383.14 (recent high on Apr 1)
PUTBUYExpired TSLA @ 355
Expiration: Apr 16, 2026 · 14 days out | This strategy has expired