Tesla – Buying Opportunity or Further Weakness Ahead?

Tesla – Buying Opportunity or Further Weakness Ahead?

Tesla remains an exciting stock to watch. Recently, the price tested the $300 resistance level, only to retreat toward the key support zone starting at $215.

Is a new upward move on the horizon?

Back on March 25th, 2025, I highlighted these two technical levels in a prior analysis. After failing to hold above $300, Tesla now finds itself approaching the crucial $215 support area. This zone could serve as a make-or-break level in the short term.

A confirmed breakdown below this support would be a negative signal from a technical perspective. However, if U.S. indices manage to bounce back in the coming days, the improved sentiment could also lift Tesla.

Bottom Line:
An aggressive long entry near recent lows might be worth considering, especially if early signs of stabilization appear. While it remains a speculative play, the setup is definitely worth watching – particularly in context with broader market movements.

Disclaimer:

The content we produce does not constitute investment advice or investment recommendation (should not be considered as such) and does not in any way constitute an invitation to acquire any financial instrument or product. The Group of Companies of JFD, its affiliates, agents, directors, officers or employees are not liable for any damages that may be caused by individual comments or statements by JFD analysts and assumes no liability with respect to the completeness and correctness of the content presented. The investor is solely responsible for the risk of his investment decisions. Accordingly, you should seek, if you consider appropriate, relevant independent professional advice on the investment considered. The analyses and comments presented do not include any consideration of your personal investment objectives, financial circumstances or needs. The content has not been prepared in accordance with the legal requirements for financial analyses and must therefore be viewed by the reader as marketing information. JFD prohibits the duplication or publication without explicit approval.

There are risks involved with trading of cash equities. Past performance is not indicative of future results. You should consider whether you can tolerate such losses before trading. Please read the full Risk Disclosure (https://www.jfdbrokers.com/en/legal/risk-disclosure).

Copyright 2024 JFD Group Ltd.