If you are trading the US stock market, you definitely seen this stock Tesla Motors Inc before, this is one of the biggest bull run stock in US market last year. As calculated from beginning of 2013 till today, Tesla already up 500%.
Recent earnings is good
http://moneymorning.com/2014/02/19/tesla-motors-inc-nasdaq-tsla-stock-hits-another-time-high-ahead-earnings/#
If you trade this All time high stock,
- You should watch the stop. Currently price is above the previous Resistance at $193.80. and the Round figure psychology resistance $200. Suggest stoploss at 192 and that would be 10% down from current price.
- Do note that this stock moved 500% in past 1 year, potentially move another 100% or more this year, hence if you are taking the 10% downside risk, you gotta to be patience for the big gains if you are right.
Do register yourself in our next FREE seminar https://www.eventbrite.sg/e/catch-the-strong-trend-in-us-malaysia-stock-market-tickets-10717168339
In this coming Seminar we will be sharing on
1)What are the stocks the is going Consistently uptrend and How you can SPOT these stocks.
2) Is the US market reaching the Top Soon?
3) How can you exit a trade safely
4) Basics of the US market and Malaysia market you need to Know.
Join us to know what Singapore stocks to watch using our ARTSystem and How the system Work For YOU?
Date: 27 Feb 2014, Thu (English Seminar) 7pm - 10pm
Venue: 141 Cecil Street, Tung Ann Association Building #07-02 S(069541) Tanjong Pagar MRT Exit G, walk straight 80m, opposite the traffic light
