Technical analysis by BullBearInsights about Symbol TSLAX on 8/12/2025

30-Minute Price Action TSLA remains inside a descending triangle after an earlier breakout attempt toward $345.75. * Resistance: $345.75 – repeated rejections, forming the triangle’s upper boundary. * Support: $339.03 – near-term floor; $332.99 – key downside pivot. * Indicators: * MACD is attempting to recover from negative territory, showing early momentum shift but still lacking strong follow-through. * Stoch RSI in the mid-to-high zone — room for continuation up if buyers push through resistance, but also vulnerable to a quick fade if rejected. 1-Hour GEX Insights * Highest Positive NET GEX / Gamma Wall: $350 – strongest upside resistance zone. * Key Call Walls Above: $347.5 (2nd gamma wall), $350 (primary wall), $355–$357.5 (3rd wall). * Put Support: $327.5 (first gamma support) and $320 (major downside defense). * IVR: 4.7 – very low implied volatility rank, making long options relatively cheap. TA + GEX Combined Read The 30m descending triangle structure is pressing TSLA into a decision point. * The $345.75 resistance aligns closely with the $347.5 GEX wall — meaning bulls need strong volume to break out. * A breakout above $347.5 opens a cleaner path toward the $350 gamma wall, where heavy hedging could either cap price or trigger a gamma squeeze to $355+. * A failure to clear $345.75 combined with a break below $339 could invite sellers to push toward $332.99 and possibly $327.5 GEX support. Trading Scenarios for August 13 * Bullish Breakout: Long calls or debit spreads above $347.5 targeting $350–$355. * Bearish Breakdown: Puts or put spreads if $339 breaks, targeting $333 and $327.5. * Sideways/Neutral: Credit spreads in the $339–$347 range could work given low IVR, but expect volatility if $347.5 breaks. Reasoning
The 30m chart’s descending triangle suggests consolidation before a larger move. The 1h GEX data confirms the critical nature of $347.5 and $350. A breach above these could accelerate buying via gamma squeeze mechanics, while a breakdown under $339 targets deeper GEX supports. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk appropriately before trading.