After updates on the Cybertruck Tesla stock took off yesterday. It looks to extend the rally today and is offering some solid opportunity. It had been beaten down a bit which opened up some lucrative upside for this move.

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The move above the 10 day moving average is a nice confirmation of this rally. The recent high of 300 is an obvious target but it may take a bit to climb that high. Looking at an Oct 20 300 call option trading at around 2.87 you can see some potential for a win.

We’ll keep an eye on this to see what happens.

Keep learning and trade wisely,

John Boyer


Market Wealth Daily