1. TSLA stock is up, but analysts note weak EV demand. 2. Breaking the $412 support level indicates bearish sentiment on TSLA. 3. Sell-off may stabilize if TSLA hits around the $365 mark. 4. Traders who sold near $365 might re-enter if prices return. 5. Market dynamics show potential for stabilization at key price levels.
Breaking the support level at $412 indicates significant selling pressure. Historical context shows similar breakdowns often lead to further declines.
The article highlights crucial support levels affecting TSLA’s price movement; market sentiment shifts can lead to significant volatility.
Immediate sell-off pressure observed; potential stabilization could happen around $365. The market tends to react quickly to support breaks.