Tesla
Short

TSLA - Bears Taking Charge

I've always been skittish about shorting TSLA for obvious reasons, but the bears may be gaining momentum that's hard to ignore. With Wells Fargo analysts making a dire prediction that TSLA is the next AOL, and the uptrend breakdown over the last few days - I think we'll see some more sideways or downward price action on TSLA in the next day or so - short of any major actions regarding the stimulus. North of $674 however, this trade idea flops. Price target $640
Chart PatternsteslaTrend AnalysisTesla Motors (TSLA)tslalongtslashort

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