more on tela short term

This is not a trade recommendation, any investment come with a risk.

Why TSla is strong from technical perspective.

Given the change of fundamentals:

1. short sellers are likely to cover;

2. .long only PMs, whoever underweigth TESLA, will look for opportunity to close the underweight---meaning buying tesla;

3. Investors who want to have exposure to EVs, through holding other EV companies, likely sell other EV, and buy TESLA.

 

 

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