Tesla Trap

Tesla, despite all the drama around it, has actually become a very boring stock.

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)


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