TSLA announced it was going to share its patents for its electric car batteries (the best batteries in the world) and the stock held the very important earnings support level of 203-199 that I had outlined here at Tradingview two weeks ago. So, when there is news that could be perceived as negative and the stock doesn't go down, then it is setting up for relative outperformance to the market or the group. I view TSLA as being accumulated and at the margin, the short sellers are not in a strong position. Time for more rally action.
$230 target, $195 stop. Buy dips to $210-$208.
Tim 6/16/2014 10:35AM EST 214.10 +7.68 last
$230 target, $195 stop. Buy dips to $210-$208.
Tim 6/16/2014 10:35AM EST 214.10 +7.68 last
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