Tesla's stock has momentum and can pretty easily back to old highs: Renaissance Macro's deGraaf

Tesla - Tesla shares are experiencing a significant breakout, indicating potential for new highs, with charts suggesting a bullish setup [1][3] - The stock has shown momentum after a period of consolidation lasting about four months, with a notable surge since April [2][3] - There is potential for the stock to reach previous highs, with an estimated increase of around 90 dollars from the current price [4][3] Alibaba - Alibaba is noted for its strong chart performance, showing a long-term base formation that could lead to significant gains in the coming years [9][10] - The company is positioned well within the Chinese market, which has shown signs of recovery, making it a top pick for global allocation [11] - There is a belief that Alibaba's stock could potentially double by the end of 2026, reflecting strong future growth prospects [10][11]