8:00 AM premarket plan · July 14, 2026
TSLA Bulls Are Challenging $400
TSLA is trading near $398.60 after lifting from the $394 area and briefly testing $400.25. Short-term momentum is bullish, but $400 is the decision zone—not permission to chase.
The Premarket Story
Price is holding above VWAP on the short-term charts. MACD momentum is expanding, volume increased during the push, and buyers have not immediately surrendered the breakout candle.
The higher-timeframe picture is less clean. TSLA is moving into resistance while the one-hour move is already extended. That creates two valid possibilities: continuation through $400 or a premarket breakout that gets rejected after the opening bell.
Bullish Plan
A clean break above the premarket high must hold or survive a retest.
- Trigger: $400.25 break and hold
- Target 1: $402
- Target 2: $404
- Resistance: $405–$408
Bearish Plan
A failed $400 test followed by loss of $397 would weaken the premarket structure.
- Trigger: rejection plus $397 loss
- Support 1: $396.20
- VWAP area: roughly $395.60
- Support 2: $394
Execution Rule
I am not chasing the first green candle.
I want one of three confirmations: a break and retest of $400.25, a controlled pullback that holds VWAP, or a confirmed rejection before considering puts.
The opening candles decide whether buyers can defend the move. Premarket momentum gives context; price acceptance gives the trade.
Premarket Bias
Bullish momentum, but the move must prove itself above $400. A failure to hold that zone changes the setup from breakout continuation to possible trap.
Educational market commentary only. This is not financial advice or a recommendation to buy or sell securities.