Tesla's share price is currently sizzling hot as it is up 20% in just 5 days.
Tesla recently broke out of a 4 month symmetrical triangle patter n which is a classic bullish set up.
However Tesla currently trades at 250x trailing earnings. That is nosebleed territory even for a visionary growth story.
Also the EV incentives in the US expire this month. Tesla's margins have been compressed amid fierce competition.
So a good strategy is to dollar cost average into Tesla by using Tiger Brokers Auto Invest.
@Tiger_comments @TigerStars @Tiger_SG @CaptainTiger @TigerClub
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- pixiezzΒ·09-17Amazing insights! Loving your analysis! [Wow]LikeReport
- VivianChuaΒ·09-18Nice πππLikeReport
