Tesla Reaches New Highs Above $400 and Uber Up 1.6% After Transitioning from Red to Green

On January 13, 2025, Tesla Inc. ($TSLA) demonstrated resilience in the market, transitioning from a red to green status and reaching new highs during the trading day. Analysts noted that a break above $400 could indicate positive near-term momentum for the stock. Meanwhile, Uber Technologies Inc. ($UBER) also showed strength, moving from red to green and recording a 1.6% increase, following a bullish cross of the 8/21 exponential moving average last week. Despite some concerns regarding the performance of the VIX and TNX yields, $TSLA was highlighted as the strongest performer on that day.