Tesla bear flag 80% complete near $320: Live levels
Tesla is under technical pressure after a sharp gap down, with its 5-hour chart showing an 80% complete bear flag near $320. The article warns that if support fails, TSLA could fall toward $297, then $277, and potentially $245 on a deeper breakdown. Bears remain in control unless Tesla reclaims resistance around $333 to $335, which could trigger a short squeeze. The piece frames the setup as a high-risk, high-reward trading opportunity rather than a fundamentals-driven move, emphasizing that momentum, moving averages, SuperTrend, and Ichimoku levels are all leaning bearish. The article’s market impact is focused on short-term volatility in TSLA and potential spillover to sentiment across large-cap growth/EV names if Tesla breaks down further.