Why Tesla Is Ideal for Trend-Following Strategies And How To Build One For This Iconic Stock
1. Tesla (TSLA) shows high volatility and unique trading characteristics. 2. The stock experienced a significant price drop after reaching an all-time high. 3. Trend-following strategies can capitalize on TSLA's large price movements. 4. Optimizing the Donchian Channel indicator improves trading strategy performance. 5. Reinvesting profits could lead to exponential growth in net profits.