The big move – This is the name that investors have already given to today’s surge of TSLA shares. The jump was pretty unpredictable and unforeseen by investors and traders, and came as a shock towards most of us. But it is a good kind of shock, even though some say that this growth is not to be trusted and that soon we are going to see Tesla where it usually is – lower.
But we are hoping that the haters are going to be wrong and that Tesla will keep on surprising us with the jumps and surges, especially, given the fact that they have all the reasons for their stock to grow. It seems that today’s surge came due to the fact that Tesla almost fulfilled their quarterly revenue plan earning $6.3 billion out of estimated $6.4. For the company, production and delivery of which was plagued with troubles and bumps these numbers can indicate that the problems were overcome after all and that in the future Tesla are prepared to only improve their performance.
Well, we hope so. Trust or don’t trust Tesla’s growth, 17.7 percent growth overnight is not something that we can see every day. Our trading signals can tell you whether it is too late to get onto this train or not.