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Tesla (TSLA) stock dropped back below $120 on Friday but appears to be finally forming a base. Tesla (TSLA) continues to be a strong buy below $120 and I feel the stock will hit $170 in 2014. Support is located down in the $115's and at the 200 day moving average around $109.
Buy TSLA on a break above these resistance levels - $127.49, $129.01, $132.32, $135.45, $137.95.
Also see - Top Stocks 2014 - Top Stock Gainers 2013