Many stock prices in the stock market have always been regarded as ceilings, but in the case of improved market environment and company performance, stock prices will still exceed expectations. For example, Tesla's share price rose to $2,500 in 2020, which was regarded as its ceiling price. However, after the company released good news, Tesla's share price rose by nearly 50% in a few weeks.
When the price of a stock reaches the ceiling, investors usually encounter a choice: whether to continue holding the stock, wait for it to rise again, or sell it in time to get the maximum profit. But it should be noted that the ceiling in the stock market is often temporary, so perhaps we should not rely too much on this concept. Investors should closely follow the changes in the market and the company and decide when to sell or hold stocks in order to maximize their returns.