$Tesla (TSLA.US)$ The Nasdaq has dropped into oversold terri...

忘川711 commented on a stock · Jan 19, 2022 18:07

$Tesla (TSLA.US)$ The Nasdaq has dropped into oversold territory again in recent days, indicating a demand for oversold rebounds. Bulls finally managed to regain control in Nasdaq futures today. Hopefully, the yield on the 10-year US Treasury stays calm today, staying below 1.9%. After all, it has already risen to overbought levels, so it is necessary to take a break and consolidate for two days. Tesla's recent trend is clearly stronger than the large cap market, indicating capital inflows. As long as the large cap market does not collapse, it should be easy to see rapid rallies like yesterday. There should be short sellers gradually covering their positions before the earnings report, and short-term bulls will also buy the dips, continuing to be bullish on Tesla until the earnings call.

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