Technical analysis by benjihyam about Symbol TSLAX: Sell recommendation (8/22/2025)

benjihyam

TSLA has been consolidating in a flag here. While price could break up out of it, I actually lean towards price breaking to the downside. The reason is because there have been more tests on the downside, and I think if price falls and tests it again, it'll break. That and, if you turn on Heikin Ashi candles, it looks like bearish momentum is starting on higher timeframes (1D-4D) and Ichimoku giving bearish warning signals in the cloud formation. I think the most likely outcome is that we break lower and go test the box below for a new low. Everyone would get bearish down there, but that will be a great level to buy for the long term.I think most likely outcome now is that we potentially test the first resistance first, then fall. As we've broken out of the flag.If it falls back inside the flag, extremely bearish.