Investing in Tesla stocks on their potential rebound to $375

A rebound in Tesla stock (TSLA) might be brewing on the chart. After Monday's sharp decline, the price stabilized at $352.25, leaving behind a candlestick with a long bottom wick—a footprint of buyers clawing their way back to the $346 zone. 

Shares have breached the lower Bollinger Band ($355.24), territory that is traditionally associated with oversold conditions. This is often a prelude to a bounce toward the 20-day moving average midline at $383.47. Yes, the MA20 is still tilted downward, reinforcing a bearish trend. But in the near term, the stars may be aligning for a corrective pop before selling resumes.

Then there is the Chaikin Oscillator. When the price sank to a new low of $346.12, the indicator didn't follow suit—it held above its late-March bottom. Such a bullish divergence tells us one thing: selling pressure is running out of steam. Big players may be quietly scooping up shares at these depressed levels, building positions and laying the groundwork for an upward move. 

The recent slide happened on relatively light volume, partly due to the Easter holiday draining liquidity from European and Asian markets. When full trading firepower returns on Tuesday, we could see a sharp snapback, especially since the $346 threshold has already proven to be a magnet for buyers.

On the fundamental front, however, not everything is doom and gloom. Sure, delivery numbers were disappointing. But the market may be ready to look past that. The American National Highway Traffic Safety Administration (NHTSA) closed its investigation into the Smart Summon feature, lifting a regulatory weight off Tesla's shoulders. The demand story also comes into play. A jaw-dropping 330% sales surge in South Korea and a growing service network in Japan suggest that appetite for the company's cars is alive and well in key corners of the globe. Investors may conclude that the bad news has already been factored into the share price. If so, all eyes will turn to the horizon, where the Cybercab production launch and the robotaxi service await.

Keep in mind the trading strategy down below:

Buy TSLA at current levels near $352–$353. Place Take profit at $375.00. Set Stop loss at $340.00.

This forecast is valid from April 7 till April 14, 2026.