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Tuesday, October 22, 2013

Tesla (TSLA) Stock Analysis 10/23/13 October 23, 2013

Tesla Motors (TSLA) Stock Analysis 10/23/13 October 23, 2013 -

 
 

Tesla (TSLA) stock is running into some problems right now as other momentum stocks sell-off.  We could be witnessing the start of a major break down in the stock so be careful buying up here.  The key level to watch is $170.   I'm bearish on Tesla (TSLA) stock below $170 and bullish above $170.  Use tight stops.  Tesla (TSLA) has support at $170 which is where the 50 day moving average is located.  TSLA shares have not closed below the 50 day since this massive rally began.

Also see - Top Stocks 2014 - Top Stock Gainers 2013



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