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Tesla (TSLA) failed at $200 on Tuesday and is trading back below $195. Tesla (TSLA) needs to continue to move higher for the uptrend to remain intact. Tesla will have resistance at $200 with support at $180. Tesla (TSLA) is a strong buy for the long term on any major correction from here. The next major catalyst is the Model X due out in late 2014, early 2015.
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