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Tesla (TSLA) stock hit my $170 price target last week after a wild roller coaster ride in the past 3 months. The stock is resuming the uptrend from 2013 but is running into a little resistance around $170. Tesla (TSLA) will release earnings in late February and now that we know what to expect, I will be looking for them to raise guidance. I am also waiting for the NHTSA report to be released regarding the fires. If Tesla is cleared, expect the stock to hit a new all time high. Shorts learned a valuable lesson over the last two months. Don't bet against Elon Musk!
Also see - Top Stocks 2014 - Top Stock Gainers 2014
