Tesla Enters Its Most Bullish Window: This Seasonal Trade Delivered 24% Average Gain Over 10 Years

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Tesla Enters Its Most Bullish Window: This Seasonal Trade Delivered 24% Average Gain Over 10 Years - Benzinga

Quick Summary:

A strategy of buying Tesla shares on May 21 and selling on July 18 — or the nearest trading days — has delivered an average return of 24.3% over the past decade, with a perfect 10-for-10 track record of positive outcomes.

Tesla Is Shifting Into High Gear

According to data from Seasonax, the period between late May and late July is historically the most lucrative time to hold Tesla stock, with an average gain of 24.3% over the past 10 years.