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Tesla (TSLA) stock finally hit bottom on Thursday. TSLA shares broke down below $166 on Wednesday and bounced off support between $158-$161. Now that Tesla (TSLA) is back above $170, I think the stock is a buy. Keep a stop around $168 and expect a lot of volatility ahead of earnings in a few weeks. Tesla (TSLA) is also a strong buy in the $140's if we see a large drop after earnings.
Also see - Top Stocks 2014 - Top Stock Gainers 2013
