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Tesla (TSLA) rallied big on a $118 price target upgrade on Wednesday. TSLA will have resistance around $100 and $103 going forward. A break above $103 will likely take TSLA back to the all time high of $114.90. Shares of Tesla are a strong buy below $90.
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