Can TSLA Breakout Higher?

Hey Guys and Gals, Tesla may mean a lot of different things. For the science community, it's the one and only Nikola Tesla, designer of the modern Alternating Current electricity supply system. For car enthusiasts and consumers, it's the great electric sedans and SUVs. But for us, traders, though… First and foremost, it is that seemingly eternally overvalued stock that still pulled off a nearly 10x price gain in 2020. Shares of Tesla Inc (TSLA) have since pulled back from their January highs of $900 and are hovering in the $600-$700 range. The opinions on the stock, the company and the CEO remain as polarized as ever, but one thing is for certain - maintaining aggressive optimism at current price levels takes some courage. Well, with the stock chart sitting at the tipping point, can this courage provide good setups? Click here to continue reading…

Jason Bond

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