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Sunday, December 1, 2013

Tesla (TSLA) Stock Analysis 12/2/13 December 2, 2013

Tesla Motors (TSLA) Stock Analysis 12/2/13 December 2, 2013 -

 
 

Tesla (TSLA) stock rallied from $116 to $130 in two days last week before pulling back to $127.  The stock continues to close above the 10 day moving average and the volume was really strong on Black Friday.  Tesla (TSLA) now needs to close above $132.32 for this uptrend to continue.  On the downside, it appears that TSLA is a strong buy below $120.  There have been at least three bounces in the last 2 weeks.

Buy TSLA on a break above these resistance levels - $130.53, $132.32, $135.45, $137.95.

Also see - Top Stocks 2014 - Top Stock Gainers 2013