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Writer's pictureT. Livingston

Tesla- Recharged?

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.

Disclaimer: This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this post constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog or the associated Twitter and Instagram feeds. The stock or stocks presented are not to be considered a recommendation to buy any stock or stocks. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.

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