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Nov 7, 2014 8:27 PM

$TSLA, lots of technical resistance, lots of potential 

Tesla, Inc.NASDAQ

Description

TSLA has a lot of resistance at the current levels. However, if Tesla can reclaim the 50 day, it is a sign of strength, and could lead it to the next high of ~$320.

A reclaim of the 50 day means: Gap is almost filled, $245 resistance broken, regression channel broken, and of course the 50 day is broken, leaving only $265 resistance, which isn't as strong.
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