Tesla, $TSLA, has been a stock I have been in and out of this year. I like it's recent action as it has bounced on decent volume with the 50-day moving average below. In addition, I can see a scenario where the stock split leads to a strong run higher as retail traders start to hop on for a ride. For me, Tesla offers a fair risk to reward here. If it heads higher, great I make money. If it loses the 50-day moving average, I'm out for a small loss.
Full Disclosure: Tesla is a stock I currently own.
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