Caution More Volatile Days Ahead
January was best month for new TSLA investors and after the revenue results , witnessing most of the retailer investors started to invest heavily in TSLA, Thursday and Friday's volume were proof.
For saying bears gave up on shorts, its early, because TSLA still 58% down from last year's high. Just marked some support and resistance points on chart. Time to being cautious. Volatility will continue at least one more week.
Upcoming events
Amazon, Google, Meta, Apple earnings coming next week
FOMC meeting on Tuesday and Wednesday.
We will see other car brands also will lower their price for competition with TSLA
Previous Analysis
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