I have 20 tasla share , but i want to average it , can I average it?
I think you can consider averaging your Tesla shares. Here are a few key points to keep in mind:
- Political Factors: As Donald Trump won the election, Tesla may benefit due to Elon Musk’s close ties with him, potentially creating a favorable regulatory or business environment.
- Bitcoin’s Influence: Bitcoin nearing the $100,000 mark could positively impact Tesla, given its significant investment in Bitcoin. Any appreciation in BTC could enhance Tesla’s financial position.
- Technical Strength: Tesla is trading near its 52-week high and shows strong technical patterns, indicating the potential for a significant breakout.
- Long-term Outlook: While Tesla’s valuation may appear expensive fundamentally, I remain bullish on its long-term growth prospects.
Disclaimer: This is not financial advice. Please consult your financial advisor before making any investment decisions.
If Donald Trump wins?
Bitcoin nearing $100,000 ?
This looks like a ChatGPT answer. Donald Trump has already won.
Be very careful. It can be quite volatile, given Elon Musk and news around him. If you think, in the long run Tesla will succeed, then take a call accordingly. Be mindful of the potential of other EV companies and Tesla competitors.