Currently, the situation in the Hong Kong stock market is unstable, and the A-share market is sluggish. However, the US stock market is performing exceptionally well. Global funds continue to replenish their US stock assets. Last night, Tesla saw a significant rally in the late trading session, ranking first in terms of trading volume in the US stock market. Its stock price has recorded five consecutive upward trading days, surging by a cumulative 21%. It has broken through the dual pressure of the 30-day and 200-day moving averages. Given the recent large gains, technically speaking, there will be an adjustment today, with a pullback to confirm the effectiveness of the breakthrough. The short-term selling pressure mainly comes from the recent profit-taking positions, but the volume is limited. A greater challenge lies in the psychological barrier of 300. It is expected that there will be repeated battles around this level. However, for this wave of Tesla, I am optimistic that there is a high probability that it will break through the levels of 315 and 320. Optimistically speaking, there is also a high probability that it will rise above 350. Currently, you can hold Tesla stocks with confidence or appropriately increase your position in Tesla. Hold on to them until the price reaches 310. It is expected that the price will reach a little over 310 by the middle of April.
The US stock assets have now entered a period of intense buying. NVIDIA (NVDA) and Alphabet Inc. (GOOGL) have had many market opportunities recently. Be bold and seize the chance to make a good profit. If you want to invest, go for Tesla, which has the combined force of capital. There will surely be substantial returns!
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