DaBooster

📺 $TSLA WEEKLY CLOSE BELOW $344.34 CONFIRMS ANOTHER SELL SIGNAL Please ❤️like and 🔁share with fellow @Tesla traders/investors #Tesla suffered a devastating collapse amid yesterday's historic market selloff, plunging nearly 11% to close at $343.69. With the stock attempting to stabilize around $348.34 today, we're approaching a critical weekly settlement that could determine whether Tesla stages a powerful recovery or accelerates toward $271 and eventually $230. * Just days ago, #TSLA was approaching a potential long-term buy signal. A weekly close at least 1% above $406.13 would have confirmed a major bullish breakout. Instead, the stock reversed violently, producing a potential key reversal high, a bearish engulfing pattern, and a breakdown below its rising price channel. The technical damage is substantial. The most important level now is $344.34. A weekly settlement below this threshold would confirm another major bearish signal and reinforce the longer-term downside scenario. * Here's what to watch: 1. $344.34 — critical weekly pivot A close below this level would confirm the rising channel breakdown and signal bearish continuation through the remainder of the year. This is the threshold that could open the door to a much deeper decline. 2. $349.66 — near-term technical resistance This is another important level associated with the developing sell signal. Reclaiming it would help stabilize the stock, but the stronger bullish confirmation lies higher. 3. $271.06 — primary downside target If Tesla settles below $344.34, the next major objective becomes $271.06. Given current volatility, this target could be reached by the end of November or within the next one to two months. From $348.34, that represents approximately 22% additional downside. 4. $230.38 — longer-term bearish objective As long as Tesla remains below $406.13, the broader bearish framework remains intact. Major technical support around $230.38 could come into play over the next three to five months, potentially by February 2027. That would represent nearly 34% downside from current levels. * But there's an important alternative scenario. 1. $360.38 — aggressive bullish reversal trigger A weekly close (today on Friday) above $360.38 would signal a meaningful reversal and potentially create a long opportunity. Under that scenario, Tesla could rally toward $391.12–$393.15 within three to five trading days, followed by a possible retest of $406.13 over the next week or two. Even simply holding above $344.34 would prevent confirmation of the most important bearish breakdown and keep the possibility of a recovery toward the low $400s alive. * So, Tesla has gone from approaching a long-term buy signal to threatening another major sell signal in a matter of days. A weekly close below $344.34 would reinforce the bearish outlook, targeting $271.06 first and potentially $230.38 over the coming months. A recovery above $360.38, however, could trigger a sharp reversal toward $393 and eventually $406. Today's weekly close is critical. Watch $344.34! * Watch the full $TSLA analysis for November 6, 2026 in this short video 🔽