RedKTrader

TSLA: why is it up 50% in 2 weeks?

RedKTrader Updated   
NASDAQ:TSLA   Tesla
and it's already 5% pre-market today. Why?
what is the case for such a hyped move? who is buying cars now when most countries are on lock down? who is buying the stock and pumping up that high... ? is all this algo-trading and FOMO's?
the big question in my mind, where does it go from here? this is too random to even begin to think of any price projection.

any thoughts from "real" (not algo or machine triggered) traders out there?
Comment:
just FYI, the measured move is $300 from the previous low @ $460 , which means the projection says this moves ends around $760
but with all the unpredictability this week i don't think this projection will hold. it's like a feather in the wind these days :)

pls stay safe and tighten your stops.
Comment:
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