Merle Ted
05-07

$Tesla Motors(TSLA)$ TSLA is looking like the best setup out of all the big names right now. It’s been consolidating for about a week and a half after jumping 30%. Now it’s starting to form a bull flag, which usually means it’s just taking a breather before another move up. As long as it stays above the 20 day moving average and holds $259, it’s in good shape to break past the 200 day moving average and that downtrend. If that happens, we could see it push toward $320 or even $350.

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