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Here's How I'm Trading Tesla

Published 03/05/2019, 12:43 PM
Updated 05/14/2017, 06:45 AM

Leading EV manufacturer Tesla (NASDAQ:TSLA) has been one of the most volatile stocks in the market. Almost everyday, traders and investors are watching Elon Musk's Twitter (NYSE:TWTR) page to see what he will say next. The stock is not for the faint of heart as 3-to-5 percent moves are common during any given trading session. Currently, TSLA stock is testing its 200-week moving average. A failure to hold this key level could send the stock lower. One particular level that looks solid as major support will be $240. This is where the stock broke out in January 2017 and it should be defended again when retested.

Tesla Inc.

Latest comments

so...how are you trading it? There's nothing in the article.
it briefly broke 275 today....are we going to retest it?
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