Tesla Trap

Cars Parked In Front Of Company Building

Image Source: Pexels


Here’s a quick observation, though: Tesla, despite all the drama around it, has actually become a very boring stock. (Let’s just kindly assume the process of price discovery has reached roughly equilibrium).

I wanted to point out that the price gaps, which I’ve tinted, have done a pretty good job of “bounding” the price action in recent days.

(Click on image to enlarge)


More By This Author:

Now & Then Analog
Really Hot Chocolate
It's Still A Downtrend

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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.