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Tesla's second-quarter 2026 vehicle delivery report breaking past 480,000 units successfully exceeded broad analyst consensus estimates. However, the market response instead displayed a classic institutional distribution scenario, where market participants utilized the positive news as liquidity to unload short positions. Technically, the chart illustrates the price's failure to maintain high levels above $420, triggering a massive sell-off that pressed the stock to the $397.70 (Rp7.136.329) level. A candle structure with long upper wicks on the hourly timeframe confirms supply dominance. Over the next 3 days, this dumping pressure is projected to drag the price down toward $385.00 (Rp6.908.440). If that defense area fails to halt selling momentum, a further correction potentially presses valuation down to the $370.00 (Rp6.639.280) level.
Tech stocks are highly reactive to earnings call anticipations. If new margin certainty lifts the price past $410.00 (Rp7.357.040), the selling pressure ends.
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