Marina Lyubimova
⬤ Tesla stock is heading into earnings at a make-or-break technical level. The $417 mark sits right at the bottom of Tesla's rising channel and represents the line in the sand for bulls. Drop below it, and we're looking at a structural breakdown that could trigger a much deeper pullback. But hold that support, and TSLA keeps its uptrend alive with room to potentially push toward $540 if the earnings catalyst is strong enough.
⬤ The daily chart shows Tesla consolidating after a solid run higher, but momentum has clearly cooled heading into the report. Price is hovering near intermediate moving average support while volume has dropped off compared to earlier impulse moves. The setup is binary—either we get a final cycle high that breaks out to new peaks, or support fails and opens the door to a corrective phase.
⬤ Tesla isn't just reporting numbers—it's sitting at a technical inflection point where guidance and sentiment could override recent price action. The stock is trading in the middle of a wide multi-month range, which means the earnings reaction will likely set the tone for weeks ahead. Add in seasonal headwinds, and bulls will need a particularly strong print to push through near-term resistance. Break below $417, and volatility spikes. Hold above it, and the bullish structure stays intact with upside targets in play.
Marina Lyubimova
