Tesla just became the newest $1,000,000,000,000 company, and I’m going to show you how YOU can get a piece of that.
The last time we spoke about Tesla, it shot up 907%. This time could be even BIGGER.
What would a 907% gain mean for you today?
If you had $1,000, it’d turn into $10,070. If you had $5,000, it’d turn into $50,350. If you had $10,000, it’d turn into $100,700.
You get the point…
But it’s no surprise Tesla is behind the wheel of these electrified profits…
On Monday, Tesla (TSLA) spiked to over $1,000 a share making it only the 6th company to ever see its value top a trillion dollars.
It also saw founder Elon Musk’s net worth jump by $25.6 billion to a whopping $255.2 billion, which makes him the richest person Forbes has ever tracked.
All this news happened on the back of Hertz placing an order for 100,000 Tesla vehicles for its fleet.
You may remember Hertz going bankrupt in Spring of 2020, but it’s now taking a mega bet in the electric vehicle world in a tempt to revive its business.
While deals like this Hertz Tesla purchase don’t come around often, that doesn’t mean there aren’t similarities to the last time we saw Tesla as a buy, and it spiked 907%.
Look at this chart of Tesla and notice how it turned sharpy upwards in March of 2020:
That was the last time we had a buy signal issued for Tesla (around $86).
It then jumped all the way up above $850 for a 907% gain.
There’s one simple tool that we used that signaled this spike – the 40-week moving average.
Take a look at that same chart with the 40-week moving average on top of it:
Can you see back in March of 2020 how the price of the stock bounced off that blue line?
That’s how we knew when to get in.
In May and June of this year, it had its ups and downs with that 40-week moving average, but it wasn’t a clean touch and go bounce.
So, even though Tesla has skyrocketed this week, I’m patiently waiting for it to come back down to that moving average and take an electrifying bounce.
When that happens, we’ll have a perfect opportunity to buy in and ride the next 907%+ profit.