TSLA - Better Performance in Volatile Securities
The analysis for $Tesla Motors(TSLA)$ , another security that is analyzed every week along with more than 40 securities, shows an interesting case considering three conclusions:
The central weekly level serves to validate bullish or bearish setups for this security, similar to its function for the $S&P 500(.SPX)$ and $Invesco QQQ(QQQ)$ .
The disciplined approach (buying when the price is above this level and selling when it’s breached), performs significantly better here than for the major indices. The improvement is approximately 15 percentage points. This figure is conservative, as I’ve already adjusted the difference downward to build in a comfortable cushion.
Trading and performance is not about perfection, it’s about following the process, since the levels are modeled every week and there are gaps or rapid moves that bring volatility to price. You can see some “Sell” and “Buy” signals that are highlighted in yellow; those cases show selling below the buy point, and buys above the previous sell point.
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