I find it intriguing that Tesla rose 3% after Trump announced a deal to set 15% tariffs on goods from the European Union. This kind of news can certainly impact stock prices, and Tesla's reaction suggests investors see potential benefits from such tariffs. It is a clear sign that external economic policies can play a significant role in the company's performance.
The question of whether it is time to sell Tesla or hold for a breakout after this recent rebound is an important one. I believe now is definitely not the moment to sell. The share price is currently in a lower price range, which I see as a potential support level. Selling at this point might mean missing out on future gains.
Instead, I think this could be a good opportunity for investors to hold or even start accumulating shares. The lower price range might offer a solid foundation for future growth. Tesla has been making strides with innovative projects like the robotaxi and Optimus, which could drive a significant rally if they succeed.
$Tesla Motors(TSLA)$
However, I recognize that achieving these milestones will take some time. The development and deployment of robotaxis and Optimus are complex processes that require careful execution. Investors should monitor Tesla closely to gauge progress and decide when to increase their positions.
I am optimistic about Tesla's long-term prospects. The company's leadership in electric vehicles and its push into advanced technologies like autonomous driving and robotics position it well for future success. The tariff news might just be the beginning of a broader positive trend for Tesla.
For now, I suggest a cautious yet proactive approach. Accumulating shares gradually while keeping an eye on key developments could be a smart strategy. The support level at the current price range makes it an attractive entry point for those who believe in Tesla's vision.
Looking ahead, I expect that the success of robotaxi and Optimus could propel Tesla to new heights, potentially pushing the share price toward or beyond 330 dollars. Until then, patience will be key, but the potential rewards seem worth the wait.
In conclusion, I feel confident holding Tesla at this stage and even considering adding to my position. The combination of current market conditions and Tesla's innovative pipeline gives me hope for a strong breakout in the future. It is an exciting time to be invested in this company.
As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.
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