Core Insights - Tesla has experienced significant price volatility over the past month, trading close to all-time highs before breaking down and then recently surpassing previous resistance levels [1][2]. Price Analysis - In the last five days, Tesla's stock price has shown volatility, breaking down around the support levels of 435 to 437, and recently managed to break above that level, indicating a shift where old resistance becomes new support [2][3]. - The one-year chart indicates that Tesla has formed a basing pattern, which is typically a bullish formation suggesting accumulation over time, although there is still considerable repair needed in the second half of this formation [4]. Candlestick Patterns - A bearish engulfing candlestick pattern was observed at the all-time high resistance levels, indicating significant supply at that level, which suggests that long-term resistance remains strong [5]. Support and Resistance Levels - The long-term support level is identified around 400, which is a gap from September 15, indicating a potential area of interest for long-term investors [5]. - Relative strength analysis shows that Tesla is approaching relative strength resistance against the tech sector, which may be a point of interest for traders [6].

Core Viewpoint - AppLovin Corporation (APP) is experiencing a potential downtrend after a recent rally, indicated by a bearish candlestick pattern forming on the chart [1][8]. Price Movement - AppLovin's stock opened higher than the previous day's closing price, suggesting a continuation of the uptrend at the market's opening [3]. - By the close of trading, sellers overpowered buyers, pushing the stock price below both the previous day's opening and closing prices, indicating aggressive selling pressure [6][7]. Chart Patterns - A classic Bearish Engulfing candlestick pattern has formed, where the trading range of the current day's open and close engulfed the prior day's range, signaling a potential reversal in market sentiment [8]. - The significant drop below key support levels, which typically attract trading interest, suggests that sellers have taken control, potentially marking the beginning of a new downtrend for AppLovin shares [7][8].