|Day Low/High||2.51 / 2.65|
|52 Wk Low/High||0.89 / 6.00|
The company designs and manufactures purpose-built, automotive-grade, all-electric vehicles, targeting the low-speed electric vehicle market.
This is some of the best speculative trading that I've seen since the internet bubble days back in 2000.
Instead of searching for a market top, look for opportunities and then manage them tightly as this continues to be a market for stock pickers.
Concerns about upcoming earnings reports are understandable but they are not an issue right now.
Electric vehicle sector sees lots of action, while jobs news provides a boost to the indexes, despite surge in Covid-19 cases.
Musk should be more worried about survival than the stock price or sticking it to the shorts.
This has the same dynamic as the Greece situation a few years ago.
Stay focused on what is happening right now and don't be in a rush to anticipate disaster.
I'm looking at some low priced 'bottom fish' plays today rather than the momentum trades that worked well yesterday.