In today’s Super Seasonals: Trade of the Week we will look at Tesla Inc. (TSLA)
Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. The company operates through Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of solar energy systems incentives
Below is a snippet of the seasonal statistics for Tesla, since 2010…Historically, over the next 3 months, the stock has moved up by almost 30% on average.
Below are the seasonal statistics over the past 5-10 years that look solid, so it infers that the seasonal tendencies could be considered from a recency bias standpoint.
Below is a look at a Cumulative Chart that visually shows the tendency for a solid seasonal move…
Below is a histogram of monthly movements for Tesla, moving into the month of June is a strong seasonal period for the stock…
As you likely know, there are literally dozens of solid ways to approach trading Tesla Inc. (TSLA) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties. Please remember, do your homework, and fully understand the risk before trading anything.
To learn more about seasonal information on Tesla Inc. (TSLA) and other solid seasonal opportunities click here SuperSeasonals .
Trade Smart,
Chad Shirley
