Tesla's June 2025 Rollercoaster: TSLA's Epic Plunge to $316 Sparks Billion-Dollar Bets on the Rebound

Series and Movies Reviews - The Frame Decoder

Tesla's June 2025 Rollercoaster: TSLA's Epic Plunge to $316 Sparks Billion-Dollar Bets on the Rebound  What if one tweet could wipe $150B off Tesla's empire? June 6, 2025: Musk-Trump feud ignites market mayhem—will AI dreams save the day?  June 2025 marked Tesla's wildest turning point yet, with TSLA cratering 14% to $316 on June 6 amid Elon Musk's explosive clash with Trump over EV credits, erasing $150B in value and dragging Bitcoin to $100K. X erupts in #TeslaTurbulence as analysts eye a rebound to $448 by month-end, fueled by Cybertruck ramps and robotaxi hype. Yet, resistance looms at $480, with RSI dipping to oversold at 36—bulls bet on golden cross, bears warn of $268 lows if subsidies vanish.  TSLA opens June at $299, surges to $314 early, then tanks to $316 on June 6 amid political firestorm. Musk's peace tweet sparks 5% pre-market bounce, but Q3 deliveries hit 441K with margins at 5.8%—mixed signals abound. Analysts forecast $448 end-June pivot, eyeing $480 break for moonshot or $190 support crash.  Tesla,TSLA,stock price,June 2025,Elon Musk,Trump feud,EV tax credits,market crash,$150B wipeout,robotaxi,Cybertruck,AI FSD,price analysis,turning point,$316 June 6,$448 forecast,$480 resistance,$190 support,RSI oversold 36,golden cross,MACD bullish,Q3 deliveries 441K,5.8% margins,Bitcoin $100K,volatility,X trending,#TeslaTurbulence,#TSLARebound,analyst targets,technical indicators,support levels,volatility spike,investment risk,NASDAQ EV stocks,autonomous driving,short squeeze,political risk,market signals,oversold reversal

Transcript

00:00Okay, let's unpack this. We're plunging into the high-stakes world of dissecting market movements,

00:06and today our subject is a stock that seems to capture everyone's attention, you know,

00:11regardless of whether you own it or not, Tesla.

00:14Absolutely. Its price action is constantly under the microscope.

00:17Driven by, well, a complex interplay of news, sentiment, and those intricate patterns and

00:24numbers that traders and analysts watch on charts.

00:26That's right. And for those who follow the market, particularly volatile stocks like Tesla,

00:31understanding the technical perspective, the story that PriceChart is telling can be incredibly valuable.

00:36Yeah, it's a different way of looking at things compared to, say, fundamental analysis.

00:41It really is. It focuses purely on supply and demand as expressed through price and volume activity.

00:46And our mission for this deep dive is pretty laser-focused. We've got our hands on a specific

00:50piece of analysis, a report from Wicked Stocks dated Friday, June 6, 2025.

00:56A very specific snapshot in time.

00:58Exactly. Our goal is to take this singular snapshot, this technical read of Tesla's stock

01:03on this specific day, and extract the most important insights it offers. What are the

01:09critical price levels this source is highlighting? What do they signal? And what potential paths

01:15does this analysis lay out for the stock's immediate future?

01:18And just to be clear, we're not here to, you know, debate the merits of technical analysis itself or

01:25to give our own forecast. Not at all.

01:26No, definitely not.

01:27We're simply acting as guides to this particular source material. Think of it as getting a briefing

01:32from one specific analyst team on their technical view of Tesla stock as of the close of trading on

01:39June 6th. What were they seeing? What were they thinking? And what were they recommending based only on

01:43their framework and the data they included? Right. We're just unpacking their analysis. So let's jump

01:48right into what this report from Wicked Stocks laid out. It starts by setting the scene, painting a picture

01:53of what Tesla stock has been doing recently. And the big takeaway from the start is that the stock

01:57has been facing significant downward pressure, a substantial sell-off.

02:01Yes. The report immediately establishes this context. It doesn't waste time. And it points

02:07to a crucial area that acted as a major barrier to higher prices recently. The zone between 351.39

02:15and 352.60. Okay. 351.39 to 352.60. The analysis labels this explicitly as a pivotal and critical

02:25long-term resistance zone. Right. And resistance for those maybe less steeped in charting is basically

02:31a price level where selling pressure tends to emerge, often stopping the stock from moving

02:35higher, right? Exactly. It's like a ceiling. And calling it long-term suggests its significance

02:40isn't just, you know, a blip. It's a major hurdle on the multi-week or even multi-month chart.

02:46That's precisely the implication. And this report notes that the stock did actually make an attempt

02:50to overcome this resistance. It even managed to close above this crucial band on a couple of days

02:55during the preceding week. Oh, okay. So it poked its head above. It did. And on the surface,

02:59you know, daily closes above a resistance level might look promising for the bulls. Might get

03:03people excited. Yeah. You'd think that's a good sign. But, and this is key in their analysis,

03:08this report places a strong emphasis on the type of close needed to confirm a signal,

03:12especially for these longer-term implications. The report is very clear. For a decisive lasting

03:18bullish signal from this resistance zone, a decisive weekly close above the 351.39 to 352.60 range was

03:27required. A weekly close, not just a daily one. Correct. And according to this source,

03:32that decisive weekly close simply did not happen. Despite those earlier daily pushes above it,

03:38the stock failed to maintain position above this critical long-term resistance by the end of the

03:42trading week. Ah. This failure, the report argues, was a significant event. It signaled a clear rejection

03:48of bullish momentum at a key level and, importantly, reinforced the underlying bearish pressure that was

03:54already present. So, it's like you said, it tried to break through that ceiling, maybe chip the paint

03:59a bit with those daily closes, but couldn't actually get through and stay there for the week.

04:03That's a good way to put it. The structure held. And that failure then sort of emboldened the sellers.

04:07That's the interpretation here. The inability to convincingly clear that 351.352 resistance zone

04:15on a weekly basis was, according to this analysis, the initial key signal that the recent upward push

04:21had failed and that the path of least resistance, well, it remained downward.

04:26Okay. So, that was strike one, technically speaking. What was the next major technical event

04:31the report highlighted that really cemented this bearish view?

04:35Well, following that failure at resistance, the analysis points to a breakdown below a rising

04:41channel support. A rising channel support. Okay.

04:43The report notes a close below 349.101 on Wednesday as sort of an early warning sign. And later

04:50references reinforce the breakdown occurring relative to the channel bottom, which by the

04:54time of the report was then situated somewhere near 281. Okay. Let's try and visualize this.

04:58A rising channel that forms when a stock's price is generally moving upwards, but it's kind of

05:03bouncing between two parallel lines, right? One connecting the highs, that's resistance, and one

05:07connecting the lows, that's support. Exactly. Like it's climbing stairs within a corridor. As long

05:12as the price stays within this channel, the upward trend is, you know, generally considered intact.

05:17So, breaking below the floor of that corridor, the lower boundary, that's usually not good.

05:22It's a classic technical breakdown signal. It indicates that the previous pattern of making

05:27higher lows is no longer holding. So, suggests a loss of upward momentum and potentially, yeah,

05:34a change in the trend direction. And this report says the close below that channel support,

05:38which was near 281 by then, that confirmed something specific.

05:43Cutting to the source, yes. It confirmed what they term a structural shift and a bearish rotation.

05:49Structural shift. That sounds pretty significant, more than just a minor dip.

05:54It does imply something more fundamental in the technical picture. In this context,

05:57it means the underlying technical structure that was supporting the upward movement that rising

06:02channel has broken down. The market dynamic has rotated, shifting the technical bias from

06:07potentially bullish or maybe just consolidating within the channel to explicitly bearish now that

06:12it's outside of it. And the report also mentioned other support levels gave way earlier in the

06:17week, too, adding to this negative picture. Yes, exactly. Compatting the pressure, the analysis

06:22notes that the stock opened below the 326 level earlier in the week, which had previously offered

06:27some support. Okay. 326. And it also broke below the 38% Fibonacci retracement level.

06:33Ah, Fibonacci levels. Those pop up a lot in technical analysis. They're used to find potential

06:38support and resistance based on those mathematical ratios, right? Like 38.2%, 50%, 61.8%.

06:44That's the idea. Traders apply these ratios to the range of a prior price swing between a significant

06:50high and low, looking for areas where the price might pause or reverse on a pullback.

06:55So the failure at 326 and breaking that 38% Fibonacci level, the report sees these as more

07:00confirmations of selling strength. Precisely. As highlighted in the report, each broken support

07:06level effectively removed a potential cushion for the price, potentially adding momentum to the

07:11downside move, like dominoes falling. Okay. So let me try to summarize the initial technical

07:16picture painted by this report. First, Tesla failed decisively at critical long-term resistance

07:22near 351, 352 on a weekly closing basis. Correct. That was key. Then it confirmed a

07:28significant bearish shift by breaking down below its rising channel support, which was around 281 by

07:34Friday. Yes, the structural shift. And along the way, it also sliced through other intermediate

07:39support levels like 326 and that 38% Fib level. You've got it. So the current technical sentiment

07:44described in the report is clearly pressured. And the near-term outlook, based purely on this

07:49technical analysis as of June 6th, is strongly predisposed to further downside. The structure

07:55has shifted. Okay. That sets a pretty clear bearish stage based on the technicals leading up to June 6th.

08:00So given that the stock has already fallen significantly from those 350s, where does this

08:04report say Tesla is now? What are the absolute key price levels that traders should be watching

08:09right in this moment, according to this analysis? Right. This is where the report pivots to the

08:14immediate battleground, where the action is right now. The analysis identifies a critical immediate

08:19support zone that the stock is currently testing as of that report date. This range is defined as 272.87

08:27to 281.06. 272.87 to 281.06. Okay. A specific zone. And why is this particular zone considered so

08:39important by this source? What makes it critical? The report explains its significance through

08:43something called confluence, which just means multiple technical factors are pointing to the

08:47same area. Okay. So this range aligns with the 58% Fibonacci retracement level of a larger price move.

08:53Now, while the 38% and 50% levels are maybe more common, the 58% is also watch, related to the golden

08:58ratio, and it represents a deeper kind of pullback that can still happen within a larger move. So that's

09:03one factor. What else? Crucially, this 272 to 281 zone also coincides with the lower boundary of that

09:08broken rising channel we just discussed. Ah, so where the floor of that corridor is projected to be

09:13now after the decline? Exactly. So you have a key Fibonacci level and the extension of the broken

09:18channel trend line, both converging in this 272.87 to 281.06 area. That makes sense. That confluence,

09:27having multiple indicators line up like that, would definitely tend to make a support zone seem

09:31stronger or at least more significant in the eyes of technical analysts. Precisely. Multiple technical

09:37signals converging on the same price area often increases its perceived importance as a potential

09:42turning point or at least a point of decision. The report notes that on Thursday, the day before

09:47this analysis was written, Tesla's stock got remarkably close to the lower end of this zone.

09:52How close? Came within half a point of 272.87. So really tested the water there. Wow. The analysis

09:59also highlights that this 272.87 to 281.06 zone is a potential area where short sellers, you know,

10:07the traders who profited from the decline, might look to cover their positions to buy back shares.

10:11Which would create buying pressure itself. Right. Potentially providing temporary buying

10:15pressure and maybe leading to a bounce, at least short term. So this 272.87 to 281.06 zone is presented

10:24as the crucial line in the sand right now. What happens here is key to the immediate future. The report

10:29lays out two potential scenarios based on how the stock interacts with this area. What's the first

10:34potential outcome? The more positive one. Okay. Scenario one, as detailed in the report, is if the stock

10:40holds above the upper boundary of this immediate support range, specifically managing to stay above

10:45281.06. And what does holding above 281.06 signal, according to this technical view, if it manages to stay

10:53above that upper edge? The report suggests that if this specific level, the upper part of this key

10:58support zone holds, it would signal the potential for a multi-week recovery rally. A multi-week rally

11:04after all this selling? Potentially. After the significant decline, holding this key confluent level

11:09could indicate that buying pressure has at least temporarily absorbed the selling pressure. And how far

11:14up could this recovery rally potentially go based on the report's analysis? Is there a target? Yes. The

11:19analysis indicates that the target for such a recovery would be back towards that significant

11:24area we talked about right at the beginning, the low 350s. Or more precisely, the 351 to 355

11:30range that previously acted as critical resistance. Wow. So a potential bounce all the way back up to

11:36retest the major resistance wall that it failed so decisively to break through earlier, that would be

11:42quite a move. It would be a significant retracement of the recent decline, yes. What kind of timeline does the

11:47source give for this potential move if it happens? Given the prevailing market volatility, which the

11:52report specifically notes, the analysis estimates that this recovery back towards the low to mid 350s

11:58could unfold within the next, say, two to three weeks. Two to three weeks. Okay. And the report even ties

12:04this potential scenario to a specific trading strategy, doesn't it? For people looking to play that bounce?

12:09Yes, it does. For traders looking to position themselves for this potential rebound, the source suggests that

12:15holding above 281.06 could present strategic opportunities. Yeah. It specifically mentions

12:20the potential for using call options with three to four week expirations. Okay. Call options

12:25based on the price going up. Right. And targeting strike prices in the 350 to 355 range. This aligns

12:32directly with the potential price target and the estimated timeline they've outlined for this recovery

12:36scenario should do 81 hold. Okay. So holding above 281.06 means potential for a multi-week rally back towards

12:45the 350s. That's one major path laid out by this source. What about the other less bullish scenario?

12:51What if it doesn't hold? Right. That's scenario two. This is if the stock fails to hold this critical

12:56support zone and importantly, closes below the lower boundary of the range, specifically below 272.87.

13:04Below 272.87 on a closing basis. What does that indicate from this technical perspective?

13:10According to the report, this action would reinforce the bearish outlook that was established earlier

13:14by the resistance failure and channel break. It would signal bearish acceleration. Acceleration,

13:19meaning things could speed up to the downside. That's the idea. Breaking below this confluent

13:24support zone suggests selling pressure is overwhelming the buyers at a key level,

13:28likely leading to a faster, more pronounced decline. And if 272.87 breaks on a closing basis,

13:36what is the immediate downside target identified in the report? Where does it head next? The source

13:41provides a clear immediate target in that case, 221.86. 221.86? And the estimated timeline for that

13:48move? If 272 breaks? The report estimates this decline towards 201.86 could occur relatively quickly,

13:54possibly within just one to two weeks. Again, noting the potential for volatility to accelerate

13:59price discovery. Moves can happen fast. Now, there is a very specific nuance about this 221.86 level in the

14:07report that seemed important, right? It's not just presented as another support number like the 272.281

14:12zone. Absolutely. And the report is explicit about this. It states that 221.86 is not considered a

14:18strong multi-week support level. Okay. What does that mean practically? Not strong multi-week support.

14:23It suggests that while the price might pause or even bounce briefly around 221.86, maybe an initial

14:28reaction to hitting that target, the analysis does not anticipate it holding as a foundational level

14:33for a sustained multi-week rebound or reversal. So maybe a quick bounce, but not likely the bottom.

14:38Exactly. It's viewed more as a short-term stop or maybe a potential zone for what traders sometimes

14:43call a dead cat bounce. A brief recovery that fails rather than a solid base for a longer-term recovery.

14:50That's a crucial distinction. So the 272.87 to 281.06 range is the immediate determinant,

14:56the pivot point. Hold above 281, look for a possible multi-week rally to the 350s,

15:01break and close below 272.87, anticipate accelerated decline towards 221.86 within a

15:08week or two. But don't necessarily expect 221.86 to stop the fall for long. Those are the two primary

15:15immediate paths the source outlines based on the outcome of the battle at that 272-281 support cluster.

15:21But, you know, technical analysis often considers scenarios where even intermediate targets like that

15:26221 don't hold. What happens if the selling pressure is strong enough that even the 221.86

15:31level fails? Does the report look at deeper potential downsides? It absolutely does. The analysis

15:36addresses the possibility that the bearish momentum could carry the stock well past that initial 221.86

15:42target. It doesn't just stop there. And what would the failure of 221.86 signal according to this

15:47report if that level gives way too? If 221.86 fails to act as even a temporary floor, the report states

15:54this would signal a more pronounced sell-off. Basically, a significantly deeper leg lower in

15:59the stock's price decline. Things could get much worse. Okay, more pronounced. And in that scenario,

16:05where does the report point as the next major, perhaps longer term, downside target? This analysis

16:11identifies a very significant historical zone as the, well, ultimate bearish target mentioned in the

16:16report. The range between 159.04 and 165.15. 159.04 to 165.15. That sounds like a much more substantial

16:26level than the others we've discussed so far. What's its significance according to the report? Why that

16:31range? Yeah, the report gives this own considerable weight. It describes it as the stock's five-year

16:35channel bottom and its five-year structural baseline. Five-year channel bottom. So like looking at a chart

16:40covering the last five years of Tesla's trading. Exactly. This 159.165 area represents the lower

16:45boundary of the entire broad price range the stock has largely operated within over that half decade.

16:50So it's effectively saying that if the stock falls this far, it's retesting the absolute low end of

16:57its entire established trading range over the past five years. That sounds major. Precisely. It's

17:03highlighted as a significant long-term support. This is the zone where, historically speaking,

17:09major buying interest has emerged to prevent further declines on a multi-year basis. It's seen as a

17:14potential bedrock level. And what about the timeline for that kind of move, getting down to the 160s?

17:19The report provides a potential timeline for this deeper decline, suggesting that a move from the

17:24current levels, should 272 and 221 break, all the way down to the 159.165 zone, could potentially

17:31unfold over the next three to five weeks. Three to five weeks to fall that far. Especially given the

17:36current elevated volatility, which the report mentions can compress timeframes significantly.

17:40Without that kind of accelerated volatility, it might typically take several weeks or even months to

17:45cover that distance. But the report indicates the present market environment favors faster price

17:49discovery. Falling from the, say, 270s or 280s potentially down to the low 160s in just three to five

17:55weeks. I mean, that sounds like a truly dramatic, almost extreme move for a stock like Tesla.

18:00The report does acknowledge this perception. It states that while such a drop might seem extreme to some

18:06observers, historical precedent in volatile markets suggests it is within the realm of possibility.

18:12So it's not predicting it will happen, but saying technically it could happen based on historical

18:17volatility and the technical setup if support failed. Exactly. Markets, especially under confirmed

18:23bearish technical conditions and high volatility, can certainly experience swift and significant price

18:28depreciation. So the report lays out this deep target as a real, albeit severe, possibility if those

18:35intermediate supports at 272 and 221 fail to hold. Okay, so based on the source, the potential

18:41downside cascade looks like this. Fail 272.87, target 221.86 in maybe one two weeks, but don't expect that

18:48level to hold for long. Right, that's the first leg down. If 221.86 fails, the potential ultimate target

18:55becomes the 159.04, 165.15 five-year structural baseline, possibly within three to five weeks in this

19:04volatile environment. That's a pretty comprehensive map of the potential decline, all derived from these

19:09technical levels. It provides a clear roadmap for understanding the potential severity of the

19:14technical picture. If the current support at 272, 281 fails to hold, gives traders defined levels to

19:19watch. Now, while those potential moves are significant, covering weeks or months, not everyone

19:24is trading on that kind of timeframe. What about traders focused on the very near term, maybe even just day

19:29trading? Does this report offer specific levels relevant to them for, say, Friday's session?

19:35Yes, absolutely. The report caters to different trading horizons. It identifies immediate intraday

19:40resistance levels that are particularly relevant for very short-term traders, like those operating

19:44within a single trading day. The primary level highlighted for immediate resistance on June 6th

19:49is concentrated near 309.31. 309.31. And what does this level represent in a practical sense for

19:54someone day trading Tesla, according to the report? Why is it important intraday?

19:58The analysis describes it as a tactical profit-taking zone for short-term longs.

20:04So if a day trader bought Tesla earlier in the day, perhaps on a dip, 309.31 is presented as a level

20:10where they might consider selling their position to lock in quick gains. Makes sense. A target for

20:15quick profits. It's also called a sellable level for profit-taking if the stock rallies up to it during

20:20the trading day. These levels are often identified through different intraday charting techniques,

20:25maybe key moving averages, pivot points from the previous day, or prior session high slows.

20:31The report doesn't specify the exact calculation method for 309.31, but it presents it as a known

20:37level where selling interest is likely to appear intraday. So 309.31 is the first hurdle on the

20:43upside for the very short term. A place where sellers might step in or quick buyers might take profits.

20:48What if the stock somehow manages to muster the strengths to break decisively above 309.31 during the day?

20:55The source does address that. It states that a decisive break above 309.31 could theoretically

21:00extend an intraday or very near-term rally towards the next potential resistance level,

21:04which it identifies at 326.34. 326.34. That number came up earlier as a level that failed as support.

21:13Exactly. Former support often becomes new resistance. But there's a crucial assessment

21:17accompanying this potential upside move towards 326.34, isn't there? It's not presented as a highly

21:23probable outcome for that Friday. Right. It sounded like they were skeptical.

21:27Absolutely. The report adds a significant caveat based on the prevailing market dynamics as of that

21:32morning. It explicitly states that such upside momentum towards 326.34 is currently deemed

21:39improbable or seems unlikely today, referring specifically to June 6th.

21:43And why unlikely?

21:44This assessment is directly linked back to the strong bearish headwinds

21:48and the negative technical structure we discussed earlier. You know, the failed resistance up at 351,

21:52the channel breakdown, the pressure on current support down at 272.281. Overcoming all of that

21:58underlying weakness to rally significantly intraday is seen as a low probability event by this particular

22:04analysis.

22:04So while the level 326.34 exists technically as the next potential stop higher, the sources read on the

22:12current market conditions makes reaching it that day highly doubtful. The prevailing trend was just too

22:17strong to the downside.

22:19Correct. The weight of the technical evidence heavily favors the downside bias in the immediate

22:23very near term, according to this report. However, it's important the report does include the note

22:27that any sustained move and hold above 309.31 would require a re-evaluation of those near-term

22:34bearish assumptions.

22:35Ah, okay. So even if it's unlikely, if the market does surprise and push the price above that 309.31

22:42hurdle and it holds, then you'd have to reconsider.

22:44Yes. The immediate bearish view might need adjustment. The technical picture would improve,

22:49at least for the very short term. It shows they're prepared for different outcomes, even unlikely ones.

22:54So for day traders on June 6, 309.31 was the key immediate resistance, a potential target for

23:00selling or profit taking. And a move above it, while deemed unlikely by the source, would have

23:05been the first small sign of potential very near-term strength, forcing a reassessment of the immediate

23:10bearish outlook.

23:11Exactly. It's about having those tactical levels mapped out for different scenarios, even the less

23:15probable ones, but understanding which direction the analysis currently leans heavily towards based on

23:21the bigger picture.

23:22Okay. We've spent a lot of time discussing the technical price levels and patterns, which

23:26is clearly the core of this wicked stocks report. But markets aren't purely mechanical. Sentiment

23:33and external factors can sometimes play a role, or at least analysts think they do. Does this

23:38analysis touch on anything outside of the charts that might be influencing Tesla's stock in

23:43their view?

23:44It does, actually. The report brings up one specific external factor that it suggests is potentially

23:50weighing on the stock's performance, or at least investor sentiment.

23:53Oh, what's that?

23:54It mentions a public dispute, or perhaps more accurately, a public verbal dispute involving

24:00Elon Musk and Donald Trump.

24:01Right. That has certainly been making headlines. How does this report connect that public interaction

24:07to the stock's performance? Are they saying it directly impacts sales or something?

24:10Not directly fundamental, no. The report states that this ongoing public dispute appears to

24:16be weighing on investor sentiment negatively.

24:17Okay. So, weighing on sentiment. The analysis is drawing a line between this public spat and

24:23a negative feeling among investors regarding Tesla. It's not saying it's a core business

24:28issue, but more an issue of perception or maybe distraction.

24:31Precisely. The report notes that analysts, perhaps themselves or others they're citing, are suggesting

24:38this dispute may be contributing to negative market perception. It's important, and the report

24:44itself notes this, that there are unclear fundamental linkages between this specific dispute and Tesla's

24:50core business operations, like car production or delivery numbers.

24:53Right. It's hard to draw a direct line from A to B fundamentally.

24:56Yes. However, the analysis argues that even without a clear link to vehicle production or sales,

25:02the perception created by this ongoing tension among investors seems to be a factor currently

25:07influencing the market dynamics for the stock. It's part of the noise around the stock.

25:11And does the report suggest this sentiment impact might be just a fleeting thing, or is it something

25:16that could potentially persist and continue to be a factor?

25:21The report suggests it's an ongoing factor, at least for the near term. It notes that this

25:26continuing tension may continue to limit Tesla's ability to regain market share in the near term.

25:31Hmm. Limit market share. That's an interesting angle.

25:35Does it explain how the dispute would limit market share?

25:38It doesn't elaborate on the mechanism, no. It just posits that the negative sentiment

25:42associated with it contributes to the overall challenging environment for the stock,

25:47reinforcing the prevailing bearish bias that's already evident in the technical charts.

25:52So it's interesting how the report weaves this in. It's not presented as the primary driver of the

25:56price action. The technical levels and breakdowns seem to be that, but rather as a contributing factor,

26:02a headwind perhaps, to the negative sentiment that makes it harder for the stock to find buying support

26:06and helps reinforce the bearish technical picture.

26:09Exactly. It's presented as a complicating factor, maybe an overhang. And as we committed at the outset,

26:15it's really vital to emphasize that in reporting on this source material, we are simply conveying

26:21what this specific report says about the perceived influence of this external factor.

26:26Right. We're not weighing in on the dispute itself.

26:28Absolutely not. We are not taking any stance on the political dispute,

26:32nor are we independently verifying or endorsing the claim that this dispute is definitively causing

26:38negative sentiment or impacting the stock price. We are simply reporting that this analysis,

26:44the wicked stocks report from June 6th, includes it as a factor contributing to the current bearish

26:49bias they observe. Understood. So the analysis combines the clear technical signals of weakness,

26:54the failure at resistance, the channel breakdown, the pressure on support with the potential dampening

26:58effect of negative investor sentiment, which the source partly attributes to this external dispute.

27:04It paints a picture where the fundamental technical weakness is perhaps being exacerbated

27:08or maybe finding less counterpressure from buyers due to this perceived negative sentiment environment.

27:14It makes a rally harder to sustain. Okay. Given this whole technical landscape,

27:19the failure at resistance, the structural shift, the critical support test down at 272,

27:24281, the potential deep downside targets, along with these sentiment factors, what is the overall longer

27:31term outlook and strategic positioning that this report recommends or suggests for investors?

27:36Well, the report maintains a very cautious stance when looking beyond the immediate future,

27:41beyond those swing trades. It states pretty unequivocally that longer term positioning remains

27:47cautiously defensive. Cautiously defensive. What exactly does that translate to in practical terms

27:53for, say, an investor thinking about holding Tesla for months or longer? It essentially means that

27:59for investors with horizons extending beyond a few weeks, the technical picture presented in this specific

28:04report does not yet offer a compelling reason to initiate or hold significant long positions.

28:09So basically, maybe stay on the sidelines if you're a long-term buyer.

28:12Or perhaps employ strategies that benefit from neutral or even downward price movement,

28:18depending on your view. The report's reasoning is quite clear. It states no established buy signals

28:25exist yet for those longer term investment horizons based on their technical framework.

28:30Okay, so based on this specific technical analysis from June 6th, a long-term investor should be

28:35waiting for some kind of concrete signal before committing significant capital to the long side in Tesla.

28:42What would trigger such a long-term buy signal, according to this report? What are they looking for?

28:46The source identifies two potential scenarios, two distinct conditions that would generate a

28:52technical buy signal suitable for longer term positioning. Okay, what's the first one?

28:56The first is, perhaps unsurprisingly, A, if a decisive weekly close above that critical 352.6-year

29:05resistance level materializes. Ah, back to that key resistance. That makes perfect sense. If it finally

29:10breaks above that major ceiling on a weekly basis, that would fundamentally change the technical structure,

29:15right? Reversing the negative signal from the recent failure. Exactly. It would indicate that the

29:20sellers who previously defended that level so strongly have been overcome on a sustained basis.

29:25That would be a significant bullish development from their perspective.

29:28Okay, so that's one potential long-term buy trigger. What's the second condition?

29:32The second condition for a long-term buy signal, according to the report, is B, if prices decline

29:37significantly and actually approach the very strong long-term support band between 159.04 and 165.15.

29:46The five-year channel bottom we talked about earlier? Precisely, that bedrock level.

29:49So the two potential long-term entry points identified are either a decisive break way above the current

29:56price, clearing major resistance, or a deep decline all the way down to the fundamental multi-year support

30:03base. Interesting dichotomy. Exactly. The report suggests that an approach to the

30:07159.165 zone could present potential reversal opportunities for long-term buyers, or perhaps

30:13offer compelling value for patient investors from a purely technical standpoint, assuming that historical

30:18support holds once it's tested. Assuming it holds, yeah. So until one of these two distinct long-term

30:23scenarios occurs, either that sustained break above 352.60 or a test of the 159.04-165.15 zone,

30:33the report concludes that the broader tactical trend remains defensive. And based on their analysis,

30:38there is little incentive to hold long positions from a longer-term investment perspective. Got it.

30:43So be defensive unless we see a major breakout above 352 or a major breakdown to 165. Given this cautious,

30:50long-term view and the immediate focus on navigating the price action around these key levels like 272,

30:56281, what kind of trading approach does the source currently favor for this environment as of June 6th?

31:01Well, reflecting the dynamic and uncertain directional outlook beyond those immediate support resistance

31:06tests, the report states that current conditions favor swing trading strategies over investment

31:11horizons exceeding one month. Swing trading. That typically involves trying to capture moves that

31:15last from, say, a few days to maybe a couple of weeks, right? Focusing on trading between identified

31:20support and resistance levels. Exactly. Which aligns perfectly with watching those critical zones we've

31:25discussed, the 272, 281 support, the potential bounce target near 351, or the breakdown target near 221.

31:32So it's about playing the shorter term oscillations rather than trying to pick the ultimate bottom or

31:37top right now. That's the idea presented here. The source emphasizes the nodded for flexibility and

31:43responsiveness to unfolding price action. It specifically instructs traders to monitor that

31:49critical 272.87 to 281.06 support cluster very closely for directional confirmation. Watching to

31:57see if it holds or breaks as the key signal for the next likely move. Precisely. Whether that next move

32:03is potentially a bounce towards the 350s or a deeper decline towards 221 and possibly those lower 160s,

32:09that zone is the immediate tell. And there's also a note about the speed of the market right now,

32:14suggesting traders need to be particularly vigilant. Something about volatility. Yes, the report points

32:19out that market volatility suggests accelerated price discovery, compressing typical timeframe

32:24expectations. Meaning things could happen faster than usual. That's exactly it. Because the market is

32:29moving with higher volatility, price targets like reaching 221 or maybe even 165 or bouncing back to 350

32:36that might normally take weeks or months to reach could potentially be achieved in a shorter timeframe.

32:41Maybe within the weeks outlined in the report. One to two weeks for 221, three to five weeks for 165.

32:47So you can't afford to be slow in reacting. It reinforces the need to constantly monitor key

32:52levels and importantly monitor daily closes for signal validation. Checking at the end of each

32:57trading day whether a significant support or resistance level has been decisively breached,

33:01as the close often confirms the conviction behind a move. A break during the day might just be noise,

33:06but a close blow support is often seen as more significant. Okay, so the recommended strategy from this

33:11source as of June 6 is basically be agile, focus on capturing shorter term swings around the key

33:17levels identified 272, 281, 351, 221, etc. Be highly responsive to whether the 232, 281 support holds or

33:26breaks and be aware that moves could happen faster than usual due to volatility requiring close attention

33:31to daily closing prices for confirmation. That effectively summarizes the actionable guidance

33:36presented in this specific technical analysis report from Wicked Stocks. We've really drilled

33:41down into this June 6, 2025 report on Tesla from Wicked Stocks. It's been quite a deep dive into one

33:48analyst's technical perspective on a very specific day. Let's try to pull out the absolute key takeaways,

33:54the essential nuggets of information you should carry away from this particular source material we've

33:58been discussing. Okay, I think the most critical point is that according to this report,

34:03Tesla's stock was sitting at a really pivotal technical juncture on June 6.

34:07Right at a crossroads. Exactly. Following a significant sell-off,

34:11which the report attributes to that failed attempt to clear long-term resistance near 351,

34:16and then the subsequent breakdown below rising channel support near 281,

34:20the stock is now testing a critical immediate support zone. And that critical support zone,

34:24just to hammer it home, is the 272.87 to 281.06 range. This is presented as the absolute key level that

34:32will determine the stock's likely direction in the very near term, according to this analysis.

34:37Absolutely. That's the immediate focus. The report lays out two main scenarios stemming directly from

34:42this zone. Scenario one, if the stock manages to hold above the upper bound of this range,

34:47above 281.06. Then the potential is for a multi-week recovery rally.

34:52Yes. Targeting a return towards a low 350s, basically. Retesting that failed resistance from below.

34:57Okay. But scenario two, if the stock breaks and closes decisively below the lower bound of this

35:03support zone, below 272.87, then that signals bearish acceleration. The downside momentum picks

35:10up, targeting an initial move down to 221.86, potentially within just one to two weeks.

35:16And crucially, the report notes that 221.86 is not expected to be strong lasting support,

35:22more like a temporary pause point. Right. Just a potential temporary bound zone.

35:25Should that level also fail, the analysis points to a much deeper potential decline towards this

35:30significant five-year structural baseline between 159.04 and 165.15. And that much deeper move

35:36could unfold over the next three to five weeks if volatility persists.

35:40Correct. So the path is mapped out based on which key levels hold or break. 272.281 is the immediate

35:46decision point. If it breaks, 221 is the next likely stop, though maybe not for long. And if 221 breaks,

35:53159.165 is the potential ultimate bearish target identified in this report.

35:58And the report highlights how different types of traders can use these levels.

36:01Yes. It notes day traders watching that 309.31 intraday resistance. Swing traders focusing intently

36:08on the outcome at 272.281 to align their strategy with the potential subsequent move towards 350 or 221.

36:14And long-term investors. Based on this report, they remain defensive, on the sidelines perhaps,

36:19until one of two things happens. Either a decisive weekly close back above 352.60,

36:24or a test that deep 159.165 support zone, which might present a new, clearer buy signal from a

36:29long-term technical perspective. So the broader technical outlook from this source remains

36:34cautious and defensive unless those significant multi-year levels are convincingly reclaimed or tested.

36:41And, as we discussed, this analysis also factored in potential negative sentiment,

36:47partly linked by the source to the must-trump dispute as an additional headwind for the stock currently.

36:52That summarizes the core technical read and its strategic implications,

36:56as presented in this specific Wicked Stocks report from June 6th. Pretty well, I think.

37:02The source also briefly mentioned some other opportunities they've identified elsewhere in the market,

37:05right? Just sort of tucked in there to give a sense of the type of analysis they're doing beyond just Tesla.

37:10Yes, that's right. Kind of a side note, in the report mentioned that Wicked Stocks had recently

37:15highlighted setups and a few other names. Adobe, Dana Holdings, and something called Tempest AI.

37:21Okay. And they specify where one might find information on those particular setups.

37:25According to the source material, details on these other stock picks are accessible through

37:29their free trial offering. Right. And what's the typical target potential

37:33for these kinds of setups based on how the source describes them? Are they looking for small moves

37:38or something bigger? The report mentions that these selections are typically based on the

37:42potential for substantial price movements, usually targeting somewhere around 20% gains.

37:47So they're looking for significant swings there, too. Just a brief mention, really,

37:51to show the range of analysis they conduct, identifying potential opportunities,

37:55even while a major stock like Tesla might be in a defensive or unclear posture. Got it.

37:59So what we've just completed here is a real deep dive specifically into this one report from Wicked

38:05Stocks, dated June 6th, 2025. We've used it as our lens to understand how one technical analysis firm

38:12viewed Tesla stock on that particular day, the key levels they identified, the scenarios they outlined,

38:17and the factors they considered important at that moment. Yeah, we've really extracted the vital price

38:22points they were watching that failed resistance near 351, the absolutely critical support zone at 272,

38:28281, the intermediate downside target at 221, and that major five-year floor way down at 159, 165.

38:35And we've explored the potential paths the stock might take based purely on how it interacts with

38:41those numbers according to the specific analysis. Exactly. Hold above 281, maybe rally,

38:46break below 272, likely fall further. And you can see how following a report like this, even just a single day's analysis,

38:53gives you a very specific framework for trying to understand the volatility in a stock like Tesla.

38:59It really highlights that market participants, or at least technical traders, are often focused

39:03laser-like on these exact numerical levels, anticipating reactions around them. It definitely

39:09shows how technical analysis attempts to provide a structured way to navigate what can otherwise feel

39:13like chaotic price movements. It tries to boil down complex market action into tests of these

39:18predefined levels, support, resistance, targets. Based on this source's really strong emphasis

39:24on these precise price levels, 351, 281, 272, 221, 159, and how they seem to dictate the potential

39:30scenarios. It raises an interesting question for you, the listener, to think about. How much do these

39:36specific historical price points, these patterns on a chart, truly drive the price action in a stock like

39:41Tesla? That's a great question. Are they self-fulfilling prophecies? Right. Because enough traders are

39:46watching them, does that create the buying or selling pressure at those levels simply because

39:51they expect it? And how does that purely technical dynamic then interact with broader sentiment shifts,

39:57like the negative perception mentioned in the report regarding that public dispute?

40:01Yeah. Which force is stronger at any given moment?

40:05What do you think is the stronger force in shaping the stock's path in moments like the one described in

40:10this report? The technical roadmap laid out by the charts, or the evolving narrative and sentiment

40:16around the company and its CEO. It's a fascinating interplay to consider.

40:19The report we looked at today suggests both play a role, but its primary focus,

40:24its actionable signals, remain tied to those technical triggers. Those levels are the signals

40:30to watch for directional confirmation in their view. And finally, the report also wraps up by noting

40:35that their next analysis on Tesla would be available on Sunday afternoon following that Friday.

40:40Which really underscores the point that technical analysis, especially in volatile markets like this,

40:45isn't a one-time forecast. It's not static. It's ongoing. It's a dynamic process of constantly

40:52updating the picture based on new price action, seeing how the market actually behaves when it

40:58reaches these key levels. It requires vigilance and adaptability as the market continues to provide

41:02new data points against the backdrop of these established levels. You have to keep watching.

41:09So, let's see.

41:10Let's see.

Category

Transcript

Be the first to comment

Recommended