Invest
What a roller coaster ride with Tesla
By Invest For Yourself  •  February 6, 2023
I started a position with Tesla in late October last year. For a good two months before that, Tesla share price was hovering steadily at around US$300 per share. Then it dived suddenly in early October before regaining some support at around US$225. That’s when I entered to buy some Tesla shares and hoping for a quick rebound. But as you can see from the chart, that was not to be. It rested at US$225 for a while before it went down again to about $180 to obtain another support level. The worse was yet to come … then in early Dec, it started to decline sharply and eventually reached the bottom at $108 just after the new year holiday. OMG !!!! As the share price declined, I bought at several price points – $170, $140 and $120. The sharp drop in Tesla share price, almost halved in just 4 weeks, really shocked me ! At that moment, I was about to lose hope....
Read the full article
By Invest For Yourself
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance