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Tesla (TSLA) made a higher low this morning located at $89.34 and just exploded back above $95. TSLA stock will have resistance at $96.42 and $97.62 going forward. A break above $97.62 will likely take shares back into the $100's. TSLA is a buy below $90, a sell above $95 unless the stock breaks $97.62.
The company is planning a demonstration on June 20th so stayed tuned for the latest developments. Tesla is the hottest story on Wall St and is the new Apple in some ways. Short with caution!
Also see - Top Stocks 2013 - Top Stock Gainers 2013
