Tesla Making Deals!  Here’s The Trade

By Todd Gordon
June 8th, 2023

Todd Gordon of TradingAnalysis.com takes you through Tesla’s sharp move higher following news of a deal with General Motors, just months after a deal with Ford. The stock broke sharply higher helping the heavy weights in the consumer discretionary sector also make the turn. Here’s the trade for the next move higher.

Todd Gordon

Todd Gordon

Founder and Lead Analyst of Trading Analysis

Todd has been trading as a career for the last 20+ years. His goal is to not only provide insightful analysis, but to teach people how to think and grow as professional traders. Todd is a practitioner of Elliott Wave Theory and he uses it to gain an edge in the highly competitive trading arena. In addition to trading professionally, Todd has worked as an analyst and researcher at two different hedge funds. Click Here To Learn More about Todd Gordon