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Is Tesla Squeezing?

 
   
     
Is Tesla Squeezing? 
 
 
Hey trader!

Another week, another win for Perfect Tesla Trader! 

While shares of my favorite stock finally saw a decent stretch, rising as much as 6.5% before settling for about a 1.8% gain last week, we brought in a 25.44% gain* in our Perfect Tesla Trader strategy. 

For the year, while TSLA has gotten a 30% haircut, we’ve now won eight of eight trades, including a bonus play, with an average gain of 27.1%

So while my favorite stock has been in a major rut, we keep right on trucking by being patient and picking our spots to strike.

Will this week present a tradable opportunity?

Tesla, while in a long-term downtrend, appears to be squeezing higher, rising as much as 6.5% early Tuesday. 

Shares started the week right around $170 to kick things off Monday morning before hitting a high so far over $183. It does look like we’re beginning a new bullish trend
 
 
So Tesla is finally moving again and we are monitoring things closely. 

It’s a short trading week with Good Friday coming up, so that may throw a monkey wrench into things because volume will likely be light heading into the long weekend. 

We will be sure to keep members posted because I’m sure you’re all as eager as I am to keep this winning streak going!

*Since the strategy’s inception on July 20, 2023, and through last week, we are 18-5 for a 78.3% win percentage and a profit factor of 3.0. The average gain including winners and losers is 20.63% in an average two-day hold time. 

As always, if you want more information about Perfect Tesla Trader, just go here!

The team at Lance Ippolito Trading

Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators and scammers. 

You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito

And in his private Telegram channel​: https://t.me/+-gVwEIwGJhplMTgx 

*The information in this article is for educational purposes only and does not constitute financial advice. Trading involves risk and is not suitable for everyone.
Disclaimer:

The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. 

Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. 

Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. 

Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit thetradingpub.com/terms-of-service/ for our full Terms and Conditions.
 
     
     
   
 
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