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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.
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Here’s where the major global equity markets stand out of the gate in 2014…
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