TSLA: Closing a Gap Tells You What's Next
by Vadim Pokhlebkin
Updated: September 28, 2020
The high-flying leaders of the rally since March -- TSLA, APPL, AMZN, and the like -- have been taking a beating lately.
At moments like these, most investors and traders turn to the news. "What did Musk say?" "What new product did Apple just introduce?"
Then, they try to divine how supposedly "good" or "bad" news will impact the stock's price.
The problem is, as you well know, stock prices don't necessarily react logically to news.
Is there a better way to see what's next?
Yes. On September 16, after a sell-off had just ended, Tesla was up, strong.
The question was, "Where is it going from here? Up even more? Or is it about to sell off again?"
Watch Jeffrey Kennedy, our Trader's Classroom editor, show you in real time how studying gaps can give you a confident forecast.
Free, watch now.