Barker

Be careful chasing TSLA here.

NASDAQ:TSLA   TESLA INC
311 3 3
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Hello Baker, would you think it will respect the channel or it might break it to 243 -256 target?
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Barker AshYo
Well TSLA has been a sell everytime the stochastics have moved to the 85/90 level. Combined with the now overbought stochastics and the fact that earnings are around the corner, I am sidelined here.

To answer your question though. Even though TSLA has rallied over 30 points in just 2 weeks, I think we will breakout of the channel to the upside here. However, I'm seeing lots of resistance at the 241 level.






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All out 218 even. Not taking a short position here but I think we will pullback towards 200 before earnings.
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