Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Bullish Consolidation On Tesla: Long Day Trade

|Includes: Tesla, Inc. (TSLA)

Tesla Motors Inc (NASDAQ:TSLA) is consolidating throughout the lunch time period as the markets have fallen. This consolidation pattern is bullish and with the market weakness, it signals upside soon, on any market bounce. Look for a pop intra day on TSLA to the $144.25 level, then $145.15 and $146.00.

Gareth Soloway
InTheMoneyStocks.com