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.

e/acc || Building @ /imgn || Dogecoin core dev 2013/14