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TSLA broke out of a bull pennant 2 bars ago inside a 4 hour uptrend. Below $369.51 the break has failed.

TSLA · 5M · read on 2026-09-09 · Broke above $369.51 2 bars ago on normal volume. No retest yet.

What the read found

Trend: lower highs and lower lows over the window, 5 steps across 41 bars, still intact
Formation: bull pennant — Broke above $369.51 2 bars ago on normal volume. No retest yet.
Decides above: $370.37 (the double top)
Decides below: $369.51 (the breakout)
Resistance: $372.27
Resistance: $373.40
Support: $365.13
Level history: The last four times price reached $372.27 it held every time, bouncing 1.3% on average.
Level history: The last three times price reached $373.40 it held twice, bouncing 1.6% on average.
Level history: The last three times price reached $365.13 it held every time, bouncing 0.9% on average.

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Every figure on this page was computed from the real candles up to 2026-09-09. This is a description of a chart, not advice, a signal or a forecast. Disclaimer · What a read returns