Close The TSLA Trade: Shifting to a New Gear

Facebook Twitter Google+ LinkedInTesla In. (TSLA) is one of the “fast money” stocks trading on the NASDAQ. While it may not be an official member of the FAANG (Face Book, Amazon, Apple, Netflix, & Google) stocks, it sure trades like one. On 30-May-2017, we analyzed and discussed Tesla’s stock trading pattern and came up with a trading strategy that would work for the bulls or the bears. The stock was trading at $325.14 and we identified $327.00 as a breakout level. If the shares traded…

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