Tesla (TSLA) is currently traded around 272.97 – 268,46, showing a slight recovery after a prolonged downtrend. The price has recently tested support at 225.80 before rebounding, but it faces resistance at 298.72. The Bollinger Bands indicate increased volatility, while the MACD remains in negative territory, suggesting bearish momentum is still present.

TSLA has been in a downtrend since early January 2025, with a series of lower highs and lower lows. The price found support at 225.80, triggering a short-term reversal. However, it is struggling to sustain above the 272.97 level.

The Bollinger Bands show that the price has moved away from the lower band, indicating some relief from oversold conditions. The MACD histogram remains negative, but there is a sign of potential convergence, suggesting a weakening bearish momentum. A confirmed breakout above 272.97 could lead to a rally toward 298.72, while failure to hold this level may result in further downside pressure.

Market Observation & Strategy Advice:
1. Key Resistance Level: 298.72 – A breakout above this level could confirm a bullish rally.
2. Current Position: The price is facing resistance, and a decisive move is needed to determine the next trend.
3. Support Level: 225.80 – If TSLA fails to sustain above 272.97, a retest of this level is possible.
4. Momentum Indicator: MACD is still negative, suggesting the bearish trend is not fully reversed yet.
5. Trading Strategy:

• Bullish scenario: Buy if TSLA holds above 272.97, targeting 298.72, with a stop-loss below 267.
• Bearish scenario: Sell if TSLA weakens below 268,46, with a target of 250, and a stop-loss above 278.

Market Performance:
Stocks Last Price % Change
NFLX      928,38       -0,45%
AAPL      223,19        +0,48%

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