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ELON

TSLA Cup and Handle 2.0In the end of August of 2014, Tesla completed the formation of a cup with a short handle, and within a few trading sessions, catalysts such as the China Unicom charger deal and Stifel's upgrade of TSLA with a price target of $400 caused the stock to break out and confirm the pattern. A similar cup and short handle has formed today ahead of the Model X reveal. TSLA CEO Elon Musk said in the last quarterly call that Model X configurations will be done in "Early July", which by Tesla time, is actually "Late July".
NASDAQ:TSLALong
by 32no
4
Tesla is going to have to supercharge after this driveTesla, aka the "stock of 2014" looks like its wild drive might be coming to a temporary end. As much as I love this company, I see us at a temporary top, and I am looking for a shorting opportunity in the 265-275 zone. Wave properties since March suggest we are in a corrective ABC flat, and are close to the B "top". Other indicators such as RSI and declining volume are supporting this theory. Since the B wave is (and should a little more) higher then the top of wave 5, this suggests we will have an "irregular flat", meaning wave C should drop lower then wave A. But since this is a powerful company, a safe target to close short would be anywhere near the 190 zone. Even teslas don't run forever. Let this puppy charge up for a while. Good luck
NASDAQ:TSLAShort
by Nathanael
2