Any support (likes and comments) will be very appreciated
TECHNICAL ANALYSIS:
It looks like the stock has run into 2 different technical "factors" at the same time - one of them bullish and the other one bearish.
When it comes to me I see an uncertainty on the market right now (especially the Tesla stock), so I expect a consolidation before the earnings report. The picture shows us it could go up and down at the same time, so we will probably have a consolidation (flat) until the report.
FUNDAMENTAL ANALISYS:
When it comes to the earnings report, even a single cent of profit may be considered to be a bullish signal. The top thing to watch tomorrow is the fact that Tesla will have a chance to be include in the S&P index (after the 4th quarter is profitable), so the company becomes very attractive in the long term (short term as well imo)
If there is no earnings and the company makes no profit, the "bubble" will 100 percent explode. The price will be falling down without seeing a bottom for a few days.
Good luck and be careful with the stock.
TECHNICAL ANALYSIS:
It looks like the stock has run into 2 different technical "factors" at the same time - one of them bullish and the other one bearish.
When it comes to me I see an uncertainty on the market right now (especially the Tesla stock), so I expect a consolidation before the earnings report. The picture shows us it could go up and down at the same time, so we will probably have a consolidation (flat) until the report.
FUNDAMENTAL ANALISYS:
When it comes to the earnings report, even a single cent of profit may be considered to be a bullish signal. The top thing to watch tomorrow is the fact that Tesla will have a chance to be include in the S&P index (after the 4th quarter is profitable), so the company becomes very attractive in the long term (short term as well imo)
If there is no earnings and the company makes no profit, the "bubble" will 100 percent explode. The price will be falling down without seeing a bottom for a few days.
Good luck and be careful with the stock.