#Tesla currently has a weekly sell signal triggered over the past few weeks, and as long as the stock remains below $418.86, the broader outlook remains defensive. The area between $414.61 and $418.86 is a major resistance band, reinforced by a descending channel top. As long as #TSLA trades below this range, the chart continues to display a lower-high, lower-low structure, confirming a bearish trend. Because of this setup, the $414–$418 region is viewed as a short-sale zone, where traders might position for downside moves. If Tesla fails to reclaim resistance, here are several downside swing targets across different time horizons: 1. $390.12 – potential target within 3–5 days 2. $373.81 – potential target within 2–3 weeks 3. $351.76 – potential target within 3–5 weeks, aligned with the descending channel bottom If you are already short, the strategy is to scale out of positions as the stock declines: 1. Take one-third of profits near $390 2. Another third near $373 3. Final profits near $351 Despite the bearish near-term outlook, the $351–$373 region is an attractive area to initiate a $TSLA buy on weakness. The entire bearish thesis changes if Tesla closes the week above $418.86. $434.34 becomes the next short-term target within a few days. A break above $434.34 would signal a stronger bullish breakout. For now, $418.86 remains the decisive level separating a continued correction from a renewed bullish trend in Tesla. If you enjoyed this update, please like and share Watch the full #TSLA Trading Plan for Mar 6, 2026, in this short video