henchman24
Active Member
TSLA will be lucky to hold its beta. Already reaching nearing 2X Nasdaq, well on its way to 3X. It’ll get spoofed hard on any further macro rally and sent further down if/when the macros take another dive.
I find it hilarious that some posters try to act like this stock hasn’t been a dog since May 4th. We’re clearly back in the same trading patterns we saw all throughout 2021. Yes the stock eventually broke out, but Tesla crushed earnings and earnings for three fourths of the year and wall st was easily able to take the knees out of the stock every time. Yes this will break out in due time but until then, it’s rinse and repeat
You're simply ignoring data.
May 4th to 24th... absolute dog. Nasdaq -11.3% Tesla -28.45%
May 24th to present... much better than the market. Nasdaq -3.12% Tesla +4.72%