TSLA Could be a 5X Rally – It’s done it before.
January 14th, 2020The day was March 22 2013. Tesla was trading at $36.62/share. September 27th 2013, Tesla was trading at $190.90/share. In just over 6 months, Tesla climbed 518%.
In 2019, Tesla dipped to $178.97/share in May. 6 months later they were at $352.22/share and this was not even a new high.
Today Tesla hit $542.52/share which is 303% higher than May.
Could Tesla be on it's way to another 500%+ rally? If so, that would put the share price of Tesla to $894.85/share. I see this level as the next main plateau for TSLA.
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ABOUT THE AUTHOR:Software Developer always striving to be better. Learn from others' mistakes, learn by doing, fail fast, maximize productivity, and really think hard about good defaults. Computer developers have the power to add an entire infinite dimension with a single Int (or maybe BigInt). The least we can do with that power is be creative.
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