Tesla’s Torque

Check out Tesla’s (TSLA) big move today.

Today’s price action triggered a nice cup/handle setup and the stock is now in the process of filling the November 6th gap down.  Further follow through increases the probability the measured move target of $199.90 will be acquired.

The technicals are confirming positive fundamental news.   We think the move has legs and bought some today.   Could be wrong and always with a stop.

Jan14_TESLA(click here if chart is not observable)

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