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Tesla Motors (TSLA), the electric car company, turned it's first ever quarterly profit last week. TSLA stock almost doubled since then, hitting a high of $97.12 today. So what is the outlook for Tesla (TSLA) going forward?
Tesla (TSLA) stock hit a high of $97.12 today and then dropped to $81. The stock is now bouncing back toward $87. On the downside, TSLA is a buy for a trade below $80, a sell above $93. Use these two price points to either go long or short.
Also see - Top Stocks 2013 - Top Stock Gainers 2013
