๐ $Tesla Motors(TSLA)$ Stock Bounces Back! ๐
Tesla's stock has experienced some fluctuations in 2024, but it appears to be showing signs of rebound recently.
According to the latest data, Tesla's stock price increased by 4.90% on September 5, 2024, closing at $230.17. Nevertheless, analysts' target price forecasts for Tesla's stock vary, with an average target price of $202.12, and the predicted range of movement spans from $24.86 to $310.
Imagine that your stock portfolio is like a spaceship, and Tesla stock is your booster.
You want your spaceship to fly high and far, but you also don't want to lose control because the booster is too powerful, right?
๐ค So, the question is: What should be the proportion of your Tesla booster?
Technicians believe: $Tesla Motors(TSLA)$ , a big reverse head&shoulder is forming? Then $264 is the short term target.
davyy888 @X platform
What do you think of this Tesla trend?
How much position are you willing to hold to profit from this rebound?
If you have any constructive comments, please leave a message in the comment area:
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Specail Notes:
For investors, determining the appropriate proportion of Tesla stock to hold requires consideration of personal risk tolerance, investment objectives, and market conditions.
When making decisions, investors should pay close attention to Tesla's financial situation, market trends, industry dynamics, and management decisions. Tesla's financial ratios and indicators, such as price-to-earnings (PE), price-to-sales (PS), price-to-book (PB), enterprise value (EV), and free cash flow (FCF), are important tools for evaluating the company's value and investment attractiveness.
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