Tesla – Weekly Analysis

It looks like Tesla is facing some serious headwinds on the road it has taken. I hope I am wrong this time and the 24–32% drawdown perspective remains just that—a perspective. Still, there are enough warning signs to take a closer look under the hood and figure out whether there is any technical short circuit developing. In this Tesla Technical Analysis, we break down the latest candlestick signals, momentum shifts, Elliott Wave structure, and critical support and resistance levels to assess what the chart is saying now—and what TSLA may be preparing to do next. CANDLES & TA Tesla closed today with alarming signals on the daily, 3D, and weekly frames. If we add the 2M Bearish Engulfing and relatively weak monthly candles to the picture, it becomes clear that bearish pressure is building across multiple timeframes. Overall, the stock remains moderately bearish, with an elevated risk of a rather…