Technical analysis by BenRoses about Symbol TSLAX: Buy recommendation (8/14/2025)

Tesla just popped up on my turnaround screen. A deeper look at TSLA’s recent daily candles, reveals that the bodies are getting smaller compared to the big surges we saw earlier in the year. That’s classic “energy compression,” not a big reversal pattern like a bearish engulfing or evening star, but more of a tight pause near the upper range. We’ve basically gone from wide, high-momentum candles in April–June to a sideways drift with low volatility, which is exactly the kind of setup that tends to precede an impulsive move. Trend-wise, TSLA had a monster parabolic run into Dec 2024, then took a serious hit from Feb to Apr 2025. Now sentiment’s shifting — it’s less about fearing more downside and more about not wanting to miss the next leg up. You can see it in how dips toward $280–$300 keep getting bought. Momentum indicators agree: MACD is flat and hugging zero (neutral but primed), RSI is sitting at 57, not overbought, so there’s still gas in the tank for another rally before hitting exhaustion. Structurally, TSLA’s stuck between two Darvas boxes. The lower one is $280–$340, the upper is $370–$480. Right now we’re pressing against that $340 ceiling, a true decision zone. Break it with strong volume and you’re looking at $354, $372.5, maybe even $391. Fail here, and it’s back toward $300–$280. Fibonacci retracements from the $465 high to the $280 low line up nicely with this view. $322 is the 23.6% level, $354 is the 38.2%, $372.5 is 50%, $391 is 61.8%, and $422 is 78.6%. We’re currently just above that $322 mark, fighting for $354 — reclaiming it would be a pretty bullish milestone. Bottom line, TSLA looks like it’s coiling for a breakout. The $340–$354 range is the trigger zone. Watch for a volume surge and a daily close over $354 to confirm we’re moving into the next box. If that doesn’t happen and we slip under $300, expect a retest of $280.