TSLA respecting 100 SMA in daily timeframe today

u/Merchant1010 · Reddit — r/thetagang · January 08, 2026 at 17:55 · 💬 19 comments  | View on Reddit ↗
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Original Reddit post

Author sees TSLA's pullback as complete and expects a retest of the $465 resistance this month based on the 100 SMA.

TSLA — LONG Author claims TSLA is respecting its 100-day SMA and the pullback after breaking resistance at $465 is complete, so the stock should test the resistance level again this month. The catalyst is purely technical price action, with the author noting Tesla is more than an EV company due to robotics, solar, battery and driving automation strength. Main stated risk is disappointing car sales and competition from Chinese EV makers like BYD, Leapmotor and Xpeng.

I think the pullback is complete and will test the resistance level again this month.

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u/Merchant1010 Reddit r/thetagang
TSLA pullback complete; retest $465 resistance this month.
Author claims TSLA is respecting its 100-day SMA and the pullback after breaking resistance at $465 is complete, so the stock should test the resistance level again this month. The catalyst is purely technical price action, with the author noting Tesla is more than an EV company due to robotics, solar, battery and driving automation strength. Main stated risk is disappointing car sales and competition from Chinese EV makers like BYD, Leapmotor and Xpeng.
TSLA HIGH
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This Reddit post, published January 08, 2026, features u/Merchant1010 discussing TSLA. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Merchant1010  · Tickers: TSLA