Can Musk survive this? $TSLA earnings about to be a bloodbath for both bulls and bears. If 390 doesn't hold, we're looking at a total collapse.
$TSLA short-term bounce isn't over yet. Next 2 days could push to 375, but the real move depends on earnings. 390 is the line in the sand—break it with volume and hold, we're looking at a fresh rally. If earnings disappoint and 330-340 fails, watch for 310, 300, maybe even 260-270 in worst case. That said, Q4 is usually Tesla's strong season. November could kick off another monster run. Eyes on this.
$SPCX earnings are the wildcard here. To regain strength, needs to break and hold above the downtrend line. If it does, 170-172 is back in play. If earnings tank, 135 is critical support—bounce there or it's over. Bottom line: no breakout above the trendline = don't call it a new rally yet.
SpaceX facing the ultimate test...
$TSLA short-term bounce isn't over yet. Next 2 days could push to 375, but the real move depends on earnings. 390 is the line in the sand—break it with volume and hold, we're looking at a fresh rally. If earnings disappoint and 330-340 fails, watch for 310, 300, maybe even 260-270 in worst case. That said, Q4 is usually Tesla's strong season. November could kick off another monster run. Eyes on this.
$SPCX earnings are the wildcard here. To regain strength, needs to break and hold above the downtrend line. If it does, 170-172 is back in play. If earnings tank, 135 is critical support—bounce there or it's over. Bottom line: no breakout above the trendline = don't call it a new rally yet.
SpaceX facing the ultimate test...