2026-02-05
Market Status: TSLA in bearish territory - trading below EMA9 (418.61) and EMA50 (435.81), signaling downward momentum. Price dropped from 424.27 to 397.25 over 3 days (-6.4%).
Technical Indicators: RSI at 33.99 approaching oversold (<30), MACD deeply negative at -10.00 with widening histogram (-3.34), indicating strong selling pressure but potential reversal zone approaching.
Key Levels: Support at 387.53 (Feb 5 low), resistance at 428.56 (Feb 3 high). Breaking below 387 could trigger further selling to 380.
Prediction: Tomorrow likely red/flat as selling continues. Weekly close expected below open as bearish momentum persists. Watch for bounce if RSI hits oversold.
Trend: 🐻 BEARISH
Candlestick Pattern: Three Black Crows forming (Feb 3-5: consecutive declining closes from 422.02 to 405.60 to 397.25, showing sustained selling pressure)
Support: 🟢 387.53 (Feb 5 low wick)
Resistance: 🔴 423.90 (Feb 4 high and previous consolidation)
PUTBUY TSLA @ 395
Expiration: Feb 19, 2026 · 14 days out