Tesla Motors Inc (NASDAQ:TSLA) slammed into a major double top today. While the stock will have resistance here, it is likely headed above $300 before a long term top. Having said that, I will not buy it, instead wait to short it above $300 per share. Patience is a traders best friend. Cheers!
Gareth Soloway
InTheMoneyStocks.com
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
