🚗Tesla Rebounds 8%: Is the New Rally Beginning?
@yourcelesttyy:
After a week-long slump, Tesla($Tesla Motors(TSLA)$ ) staged a remarkable recovery on Friday, surging 8% and reigniting investor optimism. Is this a sign of renewed momentum, or merely a temporary reprieve? photo of Tesla Cybertruck 1. Tesla's Recovery in Focus Market Sentiment: After losing 12% during its recent five-day pullback, Tesla bounced back on renewed optimism. Key Catalysts: Improved Delivery Outlook: Analysts expect Tesla to beat Q4 delivery estimates, fueled by price cuts and demand growth. Macro Trends: Recent inflation data shows signs of easing, which could lead to a less hawkish Fed and benefit growth stocks like Tesla. 2. Analyzing Tesla's Chart Tesla’s price action suggests potential for further upside: Support Levels: Strong b