It is a natural thing – we tend to flock to those assets that are reaching for this highest point, thus even more supporting them. And, we have to do this in order to survive in the market and to gain money and not lose all of it. Such is going to be the case with TSLA today.
After the trade deal between USA and China was really confirmed, traders and market-makers started to think – now that the deal is set, there is going to be an increase in US exports into China. And, of course this means that more of American products are going to be needed. As a result, production is going to surge as well as the profits. And this, of course, is going to result in pretty fabulous earning possibilities for all of those, involved in trading. And TSLA growth is the result of this thinking.
Is this a perfect time to buy TSLA stocks? Well, I would advise for you to look closer at it, after all, it is surely not going to harm you. Just like our trading signals, it is going to give you more possibilities to earn in the markets.