Technical analyst identifies key levels for Tesla stock, bearish options trade suggested

From Yahoo Finance: 2025-04-07 11:46:00

Tesla (TSLA) stock faces key levels at $208 and $220, according to Schwab analysts. Despite relative strength, RSI uptrend has broken. Bearish options trade suggestion involves buying April 17 put with $225 strike price, selling $200 put. Break-even price at $216. Earnings announced on April 22.

Schwab analysts suggest considering AI stocks for higher returns in a shorter timeframe than TSLA. One AI stock has risen since 2025, while popular AI stocks have declined. A report highlights a promising AI stock trading under 5 times earnings. Check out the report for the cheapest AI stock option.

Read more: Technical Analyst Identifies Important Levels for Tesla (TSLA)