Tesla Hits $1 Trillion
Dear Traders,
Tesla has experienced a remarkable surge in its stock price recently, capturing the attention of investors and traders. The company’s market capitalization has once again surpassed the $1 trillion mark, a milestone it hadn’t reached since early 2022. This rally is largely attributed to the re-election of Donald Trump, which has positively influenced market sentiment and, in turn, Tesla’s stock performance.
This morning, I observed Tesla’s stock continuing its upward momentum. Recognizing the strong bullish trend and increased buying volume, I decided to enter a long position as TSLA broke through key resistance levels. The trade capitalized on the ongoing positive sentiment surrounding Tesla, resulting in a profitable trade.
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