TSLA – Heavy Selling Finally Slows Down. TA for 11/17Tesla, Inc.BATS:TSLABullBearInsightsTSLA – Heavy Selling Finally Slows Down, but Buyers Still Need to Prove Themselves TSLA has been one of the cleaner charts lately—not because it’s trending, but because the selling was so aggressive that the structure became obvious. Now that the drop has finally stalled, the real question is whether buyers can turn this into a recovery, or if today’s bounce was just a dead-cat reaction inside a bigger downtrend. When I line up the 1-hour trend, the intraday 15-minute behavior, and the GEX levels behind the scenes, the situation becomes clearer. 1️⃣ 1-Hour Chart — Downtrend Still Dominant, but a Temporary Floor Formed The 1H chart shows how sharp the selling was. TSLA broke every rising structure and couldn’t hold any mid-trend supports. It wasn’t until price flushed all the way into 380–385 that buyers finally stepped in with conviction. What stands out is the wedge-shaped channel. The upper trendline has been respected for days. The lower trendline caught the bounce perfectly. Now TSLA is sitting right in the middle of that wedge—not bullish, not bearish—just pausing after a strong decline. Key 1H levels that matter: * 423–424: First big resistance where every bounce fails * 405–410: Local pivot zone * 380–385: The level that saved TSLA from a deeper breakdown Trading between these zones tends to be choppy, so I’m watching for a decisive break. 2️⃣ 15-Minute Chart — Short-Term Momentum Slowed, but No Reversal Yet The 15M chart tells the real short-term story. After the heavy downward move, TSLA printed a clean demand zone at 380–385 (multiple green FVGs). That’s where buyers finally stopped the bleeding. Price pushed up into 405–410, but stalled immediately. The last several candles show hesitation—buyers aren’t pulling away, but sellers haven’t fully taken over either. The 15M structure right now: * Strong demand: 380–385 * First barrier: 405 * Real test: 423–424 * EMAs are flattening, signaling indecision The 15M chart is giving a “wait for confirmation” type of vibe. No clear reversal yet—just a temporary pause after a strong selloff. 3️⃣ GEX (1-Hour) — Finally Tells Us Where TSLA Wants to Go This is the part of the chart that explains the hesitation. Upside Levels (if buyers take control): * 410: First meaningful GEX resistance * 415: Stronger gamma wall * 437–450: Multiple call walls stacked together If TSLA ever gets above 424, the path toward 437–450 becomes much easier than it looks on the chart. Downside Levels (if sellers return): * 400: Light put support * 395: Stronger hedge zone * 380: Heavy put wall — explains the huge reaction today * Below 380 → hedging accelerates toward 370 The GEX map lines up perfectly with what happened today: Price bounced exactly at the deep put wall around 380, where market makers hedge aggressively. This is also the kind of GEX structure that makes traders ask, “Why does TSLA always bounce or stall at the same levels?” —because these levels come from options positioning, not candles. 🎯 How I’m Approaching TSLA for 11/17 🔼 Bullish Plan (Only Above 410, Strong Confirmation Above 424) This is not a name I want to jump early on. TSLA is still in a downtrend, so the bullish scenario needs real confirmation. Stock Trade Idea: * Entry #1: Above 410 * Entry #2: Safer play above 424 (clean break of daily resistance) * Targets: * 430 * 437 * 445 * 450 (call wall + gamma cluster) Options Idea: * 420C / 430C for scalp * 440C / 450C for swing continuation * Only valid above 424 🔽 Bearish Plan (Below 400 → Downside Opens Fast) If TSLA rejects 410 again or loses 400, the structure flips back to bearish. Stock Trade Idea: * Entry: Below 399.50 * Targets: * 395 * 385 * 380 (major put wall) * 370 if 380 breaks Options Idea: * 400P for scalp * 385P or 380P for continuation * If 380 fails → 370P becomes attractive TSLA usually moves fast once it touches GEX/Put levels, so these can be sharp trades. ⚠️ Choppy Zone: 400–410 This whole zone is a trap area—lots of indecision, lots of fakeouts, thin conviction. I avoid trading TSLA inside this zone unless volume spikes. Final Thoughts TSLA is in a spot where both bulls and bears have clean levels to play off. Today’s bounce was strong, but it came directly from a major put wall, so the reaction makes sense. The real direction doesn’t start until TSLA breaks either 410 up or 400 down—everything in between is chop. Once one side wins, the move should be clean because both the chart and GEX positioning align on the next targets. Disclaimer This analysis is for educational purposes only and does not constitute financial advice. Always manage your own risk.