) has reached a new all-time high, rising about 7% intraday. Blikre notes that the probability of this movement being a false breakout is an unlikely high-risk scenario.
These are really good statistics even for a stock that is mostly going up because there are long periods of time where it has this breakout and it finally goes to the upside.Because we're looking at average gains of about 30% over the next year.But what I want to show you is that Apple chart once again.What's the risk is that this is a false breakout and we head right back down over the coming days and then we head down some more.That's not what I think will happen.
But I think, you know that old saying, hedge in May or excuse me, sell in May and go away, should be changed to hedge in May and go away.And I think simply, uh market participants are, are just really not that active this summer. Another Tesla shareholder came out against Elon Musk's multibillion-dollar pay package, saying the billionaire should 'focus on going to Mars'
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