This week Tesla will host a robotaxi event on October 10, and I believe this will be a sell the news event that leads to some downside for TSLA. I think any moves into the white zone between $264.72 to $271.23 will present an opportunity to short TSLA stock. For now TSLA has already experienced a rejection at $264.72 and has traded sideways for 4 trading days. I think TSLA could trend up to the white zone for a second attempt, but the bullish momentum has slowed down for now. If TSLA experiences some downside there is support at $240.50 that needs to hold for TSLA to remain bullish headed into the robotaxi event.

Follow me on social media: https://linktr.ee/realchartchamp