
Tesla Inc. (TSLA) shares have experienced significant volatility over the past few days. After a five-day rally that saw prices climb from $243 to $358.50, the stock has faced a pullback. Traders are closely watching key support levels, with $323.44 and $300 being critical points. Some analysts suggest that the stock could reach $400 soon, while others highlight the importance of holding the $300 psychological support. The stock's recent movements include a 50% increase in five days, which is notable for a company with a $1 trillion market cap. Market participants are divided, with some taking profits and others looking for buying opportunities around the $300 level. The intraday support break and next support level are also being monitored closely. Additionally, the stock showed pre-market activity and short-term support around $323.44. The Doji close on Monday was seen as a signal for traders.






















$TSLA 1hr chart short term levels of interest using #VolumeAtPrice https://t.co/L55tMsSiBY
$TSLA had a +50% move in 5 days, 238 to 358. That's a massive move for any stock, especially one with a $1T market cap. A 50% retracement isn't uncommon after a breakout move, which is the 298 range. For anyone who is max long, they want to see no pullback. For those looking… https://t.co/EKvzxf56NQ
There was a big $TSLA put writer a couple of days ago (for December puts) showing that they are a willing buyers around the $310 level. Let's see if it can stabilize around that area. Also, keep in mind they have until the December expiration.