Navigating Tesla’s Wild Twists and Turns Together
Hey traders!
Buckle up, folks, because we're diving into the electrifying roller coaster that is Tesla's stock performance, and let me tell you, it's been a heck of a wild ride.
You've got me, Lance, guiding you through the peaks, dips, corkscrews and loops of this market behemoth, and it's been anything but a smooth cruise so far in 2024…
But things could be about to change!
Now, Tesla’s a name that either gets your heart racing with excitement or has you breaking out in cold sweats if you’re holding shares this year.
Recently, we've seen Tesla's stock do the tango with volatility, and there’s been more turns than in a bag of pretzels. We had a trade on last week in Perfect Tesla Trader, everything humming along nicely when out of the blue, Reuters dropped a bombshell about Tesla canceling its cheap EV car.
Boom! The stock took a dive faster than a submarine with a screen door, dropping from nearly $177 to under $165 like it had a lead foot on the break.
But hold your horses — turns out, that news was as fake as a $3 bill. CEO Elon Musk himself jumped on Twitter, calling out Reuters for playing fast and loose with the truth.
And just like that, Tesla did a U-turn, revving up from despair to delight above $173. I'm there with my weekly calls, watching them plummet from 80 cents down to 27, only to rocket back above $3.00 in the span of a news cycle.
Talk about a wild ride.
Let's not forget the aftershock — Musk teased the upcoming Robotaxi event, and BAM… the stock's back in the fast lane, holding steady at Friday’s highs. Just goes to show that in the world of Tesla, you're always one tweet away from a rally or a rout.
So, what's the takeaway from all this madness? Well, first off, Tesla is no stock for the faint of heart. It's got more ups and downs than a soap opera, with fake news and tweet storms thrown in for good measure.
But here's the kicker…
Despite the heart-stopping moments, Tesla's also packed with opportunity. It's a trader's dream IF you've got the nerve and the know-how to ride out the storm.
In the end, the lesson is clear: In the high-stakes game of stock trading, especially with a heavyweight like Tesla, you've got to stay alert, stay nimble and, for heaven's sake, stay tuned to what's happening.
Because in this market, fortunes can change faster than you can say "Elon Musk."
We are still on track for a banner 2024 in Perfect Tesla Trader…
Since the strategy’s inception on July 20, 2023, we are 18-7 for a 72% win rate, and an average gain of 15.7% including the winners and losers, and the average hold time is just two days.
So, keep your eyes peeled, your wits about you, and as always, happy trading. If you’d like more info on how to catch a ride with Perfect Tesla Trader, the next trade could come as soon as Thursday if things are lined up, so just go here!
Until next time… 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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