Tesla
Long

$TSLA cup and handle

By elroytrader1
Updated
TSLA is running strong and has formed a cup and handle. It is overbought, but that hasn't bothered it before. It's also at the 38.2% fib, but look at the chart, there are no clear previous fib touches. This is a momentum stock, and I'd buy it TP 234.40, then 61.8% point, if not further.
Trade closed: target reached
That worked
Tesla Motors (TSLA)tslalong

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