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Cold Water Downgrades Thrown on Red-Hot TSLA Stock

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tradestops.com

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Daily@exct.tradesmith.com

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Tue, Jun 27, 2023 12:16 PM

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Read this before making your next move… Cold Water Downgrades Thrown on Red-Hot TSLA Stock As o

Read this before making your next move… [TradeSmith Daily]( Cold Water Downgrades Thrown on Red-Hot TSLA Stock As one player within the “[Magnificent Seven]( Tesla Inc. (TSLA) has helped kick the “bull parade” into full gear – TSLA is up 130% so far this year. But after a series of analyst downgrades last week that placed the stock on “Hold” status from “Buy,” it’s fair to wonder if we’re at a short-term top for the stock... and whether you missed out if you hadn’t invested at the start of the year. That starts stirring up emotions, and we know that emotional investing leads to selling too early or buying high and selling low. To counter that, we can turn to data and expert insight. Specifically, we can turn to Jason Bodner, the inventor of the [Quantum Edge investing system](. RECOMMENDED LINK [Wall Street Caliber A.I. for the “Little Guy”]( For years, Wall Street’s been using A.I. to gain an edge. Now, a top tech company is “leveling the playing field.” For over six years now, they’ve been developing a cutting edge A.I. algorithm that can predict future stock prices with astonishing accuracy. [Get the full story here]( After spending decades on Wall Street, Jason had the realization that if you could follow where some of the smartest and wealthiest “Big Money” players were putting their money, you could piggyback off their trades and create your own successful results. Jason is able to do just that within his [Quantum Edge investing system](. And because of the predicament folks may feel right now regarding whether they should be buying more TSLA, starting a new position, doing a bit of profit-taking, or waiting to see how things play out, I wanted to make sure you saw his insight. Especially because something happened in Jason’s system with Tesla stock that he hasn’t seen since 2021. Big Money Signals Big Money has been pouring into Tesla stock since May 23, with 11 signals over the last month. And one of the most recent “Buy” signals went off on June 20: Some of the Big Money participants were buying shares at under $220, but you can also see five recent “Buy” signals above $240 per share... with that last signal occurring when Tesla was trading for $274.45 per share. When Jason saw this data, he shared something significant – he hasn’t seen this type of Big Money inflow in Tesla since 2021. Now, I understand that the stock is already up by triple digits this year. But the takeaway here is that if Big Money is concerned about a significant pullback in the price of Tesla, they sure as heck haven’t been showing it in the last month. They are pouring more and more money into it. And to reiterate what was said earlier... Jason hasn’t seen this level of Big Money inflow since 2021. Also, Jason shared this bit of wisdom: Looking at how the stock is performing, do you think it’s better to bet against or bet with the Tesla stock price trend right now? RECOMMENDED LINK [Free Demo – This App Could Save You $97,347]( The TradeSmith app can help you make thousands of dollars... It could save you hours of time... Make you a better investor in every way... And it costs just a fraction of what your broker charges. We’re on a mission to get the TradeSmith app in as many hands as possible... So for the first time ever, we are giving anyone who watches [this free demonstration]( a chance to test this product for 30 days. [Click here to view this opportunity]( Even if you feel Tesla is “overpriced” or “too richly valued,” Jason says betting against it at this moment is like standing in front of a moving bus and trying to get it to slow down all on your own. It won’t turn out well. Bottom line: The TSLA stock price has looked like a rocket ship this year, and it’s fair to wonder if it will start “cooling” off... especially after a round of downgrades. But as the data shows, Big Money isn’t afraid. And as Jason said earlier, you should consider if this is a stock you really feel comfortable betting against right now. To learn more about the Big Money signals flowing into stocks and the investable opportunities Jason spots, [additional information is available here](. Enjoy your Tuesday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith [Download now on the Apple Store]( [Get It On Google Play]( More Investable Information at Your Fingertips [TradeSmith’s 2023 Guide to Beating Inflation]( [Bitcoin Is Far from Dead (Here’s Proof)]( [This Could Be the Amazon of Gene-Editing Stocks]( [2023 Electric Vehicle Investing Guide]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Customer Service Request](mailto:support@tradesmith.com) ©TradeSmith, LLC. All Rights Reserved. You may not reproduce, modify, copy, sell, publish, distribute, display or otherwise use any portion of the content without the prior written consent of TradeSmith. TradeSmith is not registered as an investment adviser and operates under the publishers’ exemption of the Investment Advisers Act of 1940. The investments and strategies discussed in TradeSmith’s content do not constitute personalized investment advice. Any trading or investment decisions you take are in reliance on your own analysis and judgment and not in reliance on TradeSmith. There are risks inherent in investing and past investment performance is not indicative of future results. TradeSmith P.O. Box 340087 Tampa, FL 33694 [Terms of Use]( [Privacy Policy]( To unsubscribe or change your email preferences, please [click here](. [tradesmith logo]

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