Eclubtrading

Coast is clear for $TSLA

Long
NASDAQ:TSLA   Tesla
With earnings out of the way and a new clean energy bill signed, $TSLA looks set for the next leg higher. Yesterday, the stock defended its 200EMA and made a push above the post-earnings high of $842. With better-than-feared earnings from $AAPL and $AMZN, the market looks set for higher prices in the coming period. As a result, the coast is now clear for $TSLA to clear $850 and reach the next resistance area around $875. Careful adding on strength, but keep it on your radar for overall sentiment in the growth sector.

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