I'm not a hater of Tesla or Musk at all! I love the idea to build ecological cars for everyone. But beside the fact that every single news on the autopilot flush Investors I think this can't be a long for traders. Tesla failed two times now at 234$ for 61,8% of this down move from 2014 to 2016. In longer perspectives I'm on Tesla - no doubt! But for now I see coming prices rather 200$ than 250$.
Trade closed: target reached
Comment: Target 198 retraced, now watch out for pullback to 216.
Comment: running precisely this setup, I close 70% from now.