Wowzi.

Tesla stock had a crazy run. Basically doubled up over the last 6 month.

It is now at the top of its range which exist since about 2017.

Overall i think it is time for the stock to establish a new range, which should be at least double where we are right now.

Fundamentally there is a lot that has changed since 2017 mainly:

• the model 3 and all other products are a huge success
• absolute domination against traditional brands where it does compete
• weak competition in its EV area. Basically no other car maker can create something that competes with tesla.
• new factories and products about to go online, which should enable the company to keep growing at 50-100% per year.
• only car company that can grow significantly

BUT

Technically the stock aint cheap.

It would also be weird to just keep blowing though this resistance after doubling in 6 month, without much fundamental change in this timeframe

So I am a bit lost. I can’t really bring myself to dump the stock as the potential imho for a 10x increase long term and a doubling medium term is highest for this company vs any other.

I will watch and see where it takes us