Tesla (TSLA) stock failed at the 50 day moving located around $152 on Friday. The stock continues to close above the 10 day moving average and the technicals are improving greatly. Tesla (TSLA) was way to cheap in the $120's and the stock remains a strong buy down there. The next big catalyst will the U.S Gov't exonerating the Model S which will provide another pop in the stock. TSLA will now have resistance at $152 next week.
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