Symbols

TSLA key levels to monitor today

6/5/2025 01:52pm

Aime

The deep research logic is organized as follows: 

Okay, let's tackle the user's question about Tesla's key levels to monitor today. The user is interested in technical analysis and short-term strategies, so I need to focus on the latest data from the references provided.

First, I'll check the references for any mentions of support and resistance levels for TSLA. Reference 1 has the closing price, support, and resistance levels for June 5, 2025. The support level is $312.36 and the resistance is $324.55. The closing price is $317.4, which is just above the support. That's a crucial point because if the price drops below $312.36, it might indicate a bearish trend. Conversely, breaking above $324.55 could signal bullish momentum.

Next, the user mentioned entry and exit strategies. Looking at the moving averages from Reference 11, the 50-day MA is $292.03 and the 200-day MA is $304.85. The current price is $317, which is above both averages, suggesting a bullish setup. However, the price is below the 200-day MA, which might indicate a potential pullback. The VWAP from Reference 18 is around $317, which is close to the closing price, so that might be a key level for intraday trading.

The user is also interested in pre-market and after-hours data. Reference 20 shows pre-market high at $329.98 and low at $320.34, with after-hours high at $332.92 and low at $328.43. These levels could indicate where the price might find support or resistance before the market opens. The pre-market range is wider, suggesting more volatility, while the after-hours range is tighter, maybe indicating a consolidation.

I should also consider the recent news. References 2, 4, 7, 10, 13, 16, and 17 mention Elon Musk's opposition to Trump's tax bill, which could impact Tesla's stock. The tax bill might phase out EV subsidies, which could hurt Tesla's profitability. However, the stock price has been fluctuating, so the technical levels are more immediate for the user's short-term strategy.

Putting it all together, the key levels are the support at $312.36, resistance at $324.55, and the moving averages. The user should monitor these levels for potential entry (breakout above resistance) or exit (break below support) points. The VWAP and pre-market ranges add more granularity for intraday decisions. I'll structure the answer with clear sections for support/resistance, moving averages, VWAP, and pre-market/after-hours levels, using tables and bullet points for clarity. Also, include the visualization as per the user's request.

🚨 Conclusion

Tesla (TSLA) presents key technical levels to monitor today, including support at $312.36, resistance at $324.55, and price action relative to its 50-day and 200-day moving averages. These levels are critical for short-term trading decisions, especially given the stock’s recent volatility and the backdrop of regulatory risks tied to Trump’s tax bill ¹². Below is a detailed breakdown:

📊 Key Levels to Monitor

1. Support & Resistance Levels

Metric	Value	Implication
Support Level	$312.36	Break below signals bearish momentum; potential downside target: $300–$305 ¹³.
Resistance Level	$324.55	Break above signals bullish momentum; upside target: $330–$335 ¹³.
Closing Price	$317.4	Currently above support but below resistance, indicating neutral-to-bearish bias ¹.

TSLA Trend

2. Moving Averages

Metric	Value	Implication
50-day MA	$292.03	Price ($317.4) above this level; bullish confirmation if price holds above ².
200-day MA	$304.85	Price ($317.4) above this level; key support if price drops below ².

3. Volume-Weighted Average Price (VWAP)

Metric	Value	Implication
VWAP	$316.9983	Price ($317.4) near VWAP, indicating balanced buying/selling pressure ⁴.

4. Pre-Market & After-Hours Activity

Metric	Value	Implication
Pre-Market High	$329.98	Potential resistance if price approaches this level ⁵.
Pre-Market Low	$320.34	Potential support if price drops to this level ⁵.
After-Hours High	$332.92	Indicates bullish momentum in extended trading ⁵.
After-Hours Low	$328.43	Indicates bearish pressure in extended trading ⁵.

📉 Why These Levels Matter

Support ($312.36): A break below this level could trigger further selling pressure, especially if Trump’s tax bill eliminates EV subsidies (as per recent filings ⁶⁷).
Resistance ($324.55): A breakout above this level would signal bullish momentum, potentially targeting $330–$335.
Moving Averages: The price is above both MA lines, but the 200-day MA ($304.85) is closer, making it a critical support level.
VWAP ($316.9983): Price near VWAP suggests balanced markets; watch for divergence from this level.

🛠️ Entry/Exit Strategy

Bullish Entry: Buy if price breaks above $324.55 (resistance) with confirmed bullish momentum.
Bearish Entry: Short if price breaks below $312.36 (support) with confirmed bearish momentum.
Stop Loss: Place stops $3 below support ($309.36) or $3 above resistance ($327.55).
Profit Target: Aim for $330–$335 (bullish) or $300–$305 (bearish).

🚨 Final Takeaway

Tesla’s technical setup is neutral-to-bearish today, with critical levels at $312.36 (support) and $324.55 (resistance). Monitor these levels closely for short-term trading opportunities.

Source:

1. TSLA Support Level, Resistance Level, Closing Price