Tesla (TSLA) has enjoyed ten “up” days in a row, which is extraordinarily rare. It has achieved many breakthroughs on the chart, but seriously, I think it has to have some time to digest these gains and backpedal some.
This is just too high, too fast. I think there’s about $47 of risk here.
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
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