TSLA holding ~$374 support post-deliveries suggests potential for improvement, but current status is limited to tactical broken bounce due to sloppy structure.
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someone said, "What about Tesla?" Tesla's actually trying to build a nice little macro pattern here. Um, you had a red dog reversal down at 351. Gave you a little follow-through.
Took back the moving averages really strong as the deliveries were better than feared. And now it's trying to hold in here. What's this low? This low is 374. So, where is Tesla this morning?
Let's go take a look. Tesla is um 373. So, it's right around there. You know, if this could hold sideways, maybe there's a chance besides being a tactical broken bounce trade, it can get a little bit better.
You know, hang in here. You know, Tesla likes higher oil because it's obviously an electric vehicle. It's more of a, you know, the autonomous driving technology. Um, but again, Tesla's been tough.
Everyone's like, "Oh my god, Tesla's so overvalued." Well, Tesla hasn't, you know, if you bought Tesla last year at this time, you know, you're not doing well. If you bought it post earnings, it's just sloppy.
There's so much sloppiness out there. And Tesla is better than most.
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