2026-02-27
Market Status: TSLA showing weakness, trading below the 50 EMA ($425.28) but holding above the 200 EMA ($395.45). Price at $402.46 signals bearish momentum in the short term.
Technical Indicators: MACD histogram turning down (0.17 from 0.61), negative divergence developing. RSI dropped sharply to 44.72 from 56.74, indicating weakening momentum and potential further downside.
Key Levels: Support at $398.11 (recent low), resistance at $420.34. Price action suggests consolidation with bearish bias.
Prediction: Tomorrow likely red candle as momentum fades. Weekly close expected below open as selling pressure mounts.
Trend: 🐻 BEARISH
Candlestick Pattern: Three Inside Down (Feb 25 bullish, Feb 26 bearish inside day, Feb 27 continuation down)
Support: 🟢 398.11
Resistance: 🔴 420.34
PUTBUY TSLA @ 395
Expiration: Mar 13, 2026 · 14 days out