On the four-hour chart, in the area of one of the key resistance levels at 494.98, a reversal candlestick pattern called Hanging Man is being formed, from which the price dropped to 440.55, and below the level of 458.91, there are Upside-Gap Two Crows and Falling Three Methods: their combination indicates increased pressure from sellers and warns of a continuation of the downward trend.

Shares of Tesla Inc., a leading manufacturer of electric cars, remain in correction and are currently trading around 466.00.