Watch These Tesla Stock Price Levels as February Slump Accelerates | Global News Avenue

Tesla (TSLA) Stocks fell again on Monday, extending the recent downturn, making the stock the weakest performer The grand 7 So far, 2025.

Tesla’s stock has fallen 18% year by year as investors Potential tariffs and eliminate EV incentives in automakers’ businesses. However, the stock has remained 31% higher since the U.S. presidential election in early November Elon Musk’s A close contact with President Donald Trump will benefit the company.

Next, we will study it carefully technology On Tesla’s chart and identify key price levels that investors may be focusing on.

Head and shoulder pattern increases downward pressure

Tesla’s stock continues to trend down after breaking down 50-day moving average (MA) and Neck one Head and shoulders Earlier this month.

and Relative Strength Index (RSI) Recovered from nearby Oversold Level, the indicator can still read under 40 readings, which is a signal of bearish price motivation.

Looking ahead, two keys should be paid attention to Support level Tesla stocks may attract places to buy interest and monitor some important overhead areas that can be provided Resist In the process of potential growth.

Key support levels to watch

Tesla shares fell 2.2% to $330.53.

After further sales, investors should initially pay close attention to the $325 level, which briefly violated on Monday. This area on the chart can provide support near February lows merge The cycle is located below the left shoulder of the head and shoulders.

this bull‘Failure to defend this level could cause the stock to fall to around $265. Given its current current relationship with those who are being watched, investors can view the region as a buying opportunity 200 days MA And connect multiple trend lines peak Extends on the chart until September 2023.

This area is also located below the expected rod mode downlink target decline From mid-January to early February and from this month’s Counter-trend High. Such a move will be completed Elliott There are usually five different patterns of fluctuations in the correction phase.

Important elevated areas for monitoring

During a stock listing period, investors should initially track the $430 area. Stocks may face sales pressure in the area near the head and right shoulders.

Finally, close above this level may push the shift to around $489. This chart position may attract great attention near stocks High recordwhich is also the peak of the head and shoulder patterns.

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As of the date of writing this article, the author does not own any of the above securities.