TSLA the next leg up

Quote from Stocks4life:

After a month of rest starting to head higher on 94% higher volume today

BREAKOUT CONFIRMED breakout above 108.62, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 127, 16.3% Stop: 103.04, Loss: 5.6%, Profit/Loss ratio: 2.9 : 1 - Good

TSLA_6_27.png


source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=TSLA
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It looks like the top of the curve to me.
A TV prog here claimed the car did about half the claimed mileage and then got sued by Tessla ?
Give electric cars another 10 years imho. In the meantime hybrids are the way forward also hydrogen driven cars.
 
Quote from Humpy:

It looks like the top of the curve to me.
A TV prog here claimed the car did about half the claimed mileage and then got sued by Tessla ?
Give electric cars another 10 years imho. In the meantime hybrids are the way forward also hydrogen driven cars.
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Plainly, some bullshit reporter did a hit piece on the Tesla. Tesla corp didn't just roll over and play dead.

Hydrogen is fine until somebody turns a fuel cell into an IED...
 
Quote from danny6787:

I would not buy at this level but maybe with a nice re-tracement definitely.
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In a strong trend, and especially with no overhead resistance if the previous high is taken out, the pattern posted by S4L is the nice retracement. :)
 
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