$TSLA showing some resilience today, up 1.08% at $404.8, while the broader market is softer. Might be bouncing off a key technical level. The news flow on their EV production targets remains a mixed bag, but the market seems to be overlooking some of that today.
Could be a dead cat bounce, honestly. One day of green doesn't erase the recent trend.
Hard to say if it's finding real support or just a temporary pause. I'd want to see a few more days of consolidation around this level before getting excited.
I'm seeing that too. Volume's not huge though, which makes me a bit cautious about calling it a true support level just yet.
Interesting point about the mixed news flow. It does feel like the market picks and chooses what to focus on with TSLA. Good to see some green.