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Todays Big Stock Wealthpop News

Tesla’s Stock Races Higher


After reporting better than expected earnings, it looks like Telsa (TSLA) could have more room to run. The stock is also trending higher in a rising wedge formation and with the earnings report beating expectations, we could very well see a breakout of above the stock’s recent high.

As you can see by looking at the chart in the video, TSLA has been firing on all cylinders, and if the market rally continues, we can expect TSLA to rise with it. One telling clue we had in the past on the stock is the inverse head and shoulders we had not too long ago, signaling the stock may be ready to move higher, and sure enough, it did.

To learn more about how these patterns leave clues for the stock’s next move, be sure to join The Profit Machine, where my students and I go over countless trade ideas, hypothetical situations you may run into, conduct live trading, and much more all with the mission to make you a better trader.

Now is the perfect time to capitalize on your New Year’s resolution and earn some extra income, especially in a time like this. Don’t wait any longer! Sign up today. Until then…

Good Luck!

Christian Tharp, CMT

Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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