Shares of Tesla Inc (NASDAQ:TSLA) have gone insane. This is a far bigger run than I would have ever thought. The stock was trading at $180 in early December. Here in early February, Tesla Inc hit $280. That is a 55% run in the stock. There is a huge looming double top at Tesla's all-time high at $287.00. This is the only level where the stock may pull back from on a technical basis. Remember, shares of Tesla Inc started to roar when Elon Musk joined Donald Trump's advisory team. The stock market believes Tesla will be given preferential treatment from the new administration. Insane run on a company of this size, totally mind blowing. I gotta try some at the all-time high double top as a short trade.
Shares of Tesla Inc up 55% in two months near double top