Some of my most handsome profits this year had come from TSLA, which is exactly a WSB / Robinhood favorite this year. That absurd herd mentality can see some massive volatility.. and volatility makes money. (Day trading / swing trading) We saw a move on TSLA from ~$428 on Friday the 4th of Sept and on the market resuming Tues the 8th over a long weekend, it tanked down to $330 per share. A week later on Monday the 14th it retraced back to $420 and the following day hit $462. Then again between the 24th of Sept and Oct 1, there was another $100 swing in price. These are the insane moves the WSB /RH crowd make, and that is a lot of opportunity to make huge moves over very short periods of time.
For longer term investments, do your research and keep away from these irrational stocks.
For reference, the Daily chart on Tesla:
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