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eggman π΅
@eggman.eth
So yeah, nobody likes tesla right now. But let's take a look at it anyway. First and foremost, TSLA is a meme stock. $2.3b net income in Q4 '24, valuation at $804b? Yeah nah. This is not a value buy. However, chart-wise, it's grabbed a hard support off the 200w and printed a hammer. RSI has so far put in higher lows and higher highs for about 2 years. The 300w is at $200 which has historically been a much better support for TSLA, but if the SPX opens green next week I'd be very surprised if TSLA didn't outperform - in the short-term, at least. If the SPX opens red, then TSLA might wind up making that trip to the 300w sooner rather than later.
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Catch0x22 (2025 variant)
@catch0x22.eth
honestly i would feel very nasty driving a tesla
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eggman π΅
@eggman.eth
Yeah I hear that, but I mean, degens gunna degen when it comes to the charts proud uranium futures buyers, assemble ππ
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Catch0x22 (2025 variant)
@catch0x22.eth
nah I just mean from others think about it lol I see a lot of Tesla's and always wonder if they care. I doubt it charts do be looking poised for a reminder we're not in an actual bear market
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eggman π΅
@eggman.eth
Well theyβre all sticking honda and toyota badges on them now, so π But yeah, personally never a fan of their cars. Used to have lots of panel work problems too. If I was in the market to spend big money on a new car, Iβd personally opt for the hybrid BMW range. Or a roadster if I was in the more-money-than-sense market
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