$Tesla (TSLA.US)$ Tesla's pre-market rise ≠ trend reversal, ...
$Tesla (TSLA.US)$ Tesla's pre-market rise does not equal a trend reversal, I believe this is just a 'bull trap'.
This morning, under many Bearish news, Tesla still rose 1.5% in pre-market, seemingly a strong rebound, but actually hiding dangers.
Recently, there has been a continuous stream of bearish signals: weak macroeconomic data, high U.S. Treasury yields, a pullback in the chip sector, and weak consumer confidence, all of which suppress Tesla's fundamentals, while the stock price has slightly strengthened before the market opens. It is believed that this is not a signal of trend reversal, but rather a typical "Bull Trap".
From a technical perspective, TSLA has not yet filled the gap below, the volume is not supportive, and the structure has not been repaired. If it opens high today.
At this point, chasing long positions carries far more risk than reward. Maintaining patience is more important than impulsively entering the market. If it rises to the 285–288 range today, it would instead be a good opportunity for shorting (TSDD) or puts.
At this point, chasing long positions carries far more risk than reward. Maintaining patience is more important than impulsively entering the market. If it rises to the 285–288 range today, it would instead be a good opportunity for shorting (TSDD) or puts.
You can also leave a message below: Do you think TSLA has bottomed and reversed? Or is it just a brief resurgence?
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S&P 500's Put/Call Ratio Hits 5-Year Low: Fear Fades and Bottom Near?
Thomas oh : 270-275 today is oed
特斯拉啦啦啦 : Smart smart.
耐心点 : Double kill of bulls and bears.
Thomas oh : only rate cut or good tariffs deal may really release real bull for the market at least short-mid term. thats my opinion
Avengers 2023 耐心点 : Already for past 6 days
Thomas oh : current market is always double kill. only donald duck n his internal gang making good money
ven 288 : Just take a look at Tesla's trading records each year and you'll know it should start to rise.