The following is technical analysis on Tesla Motors, Inc. (TSLA) stock for June 10, 2013
Tesla Motors, Inc. (TSLA) Resistance, pivot & Support Levels – 6/10/2013
Resistance levels:$110.58, $106.74, $104.38
Pivot point: $100.54
Support levels:$498.18, $94.34, $91.98
Tesla Motors, Inc. (TSLA) Resistance, pivot & Support Levels – 6/10/2013
Resistance levels:$110.58, $106.74, $104.38
Pivot point: $100.54
Support levels:$498.18, $94.34, $91.98
Share
of Tesla Motors, Inc. (TSLA) closed $120 on Friday.Tesla Motors, Inc. (TSLA)
stock jumped again on Friday with market. Tesla Motors, Inc. (TSLA) will now have resistance at $105 followed by $112. Support level is $96 and $88.In weekend buzz on Tesla Motors (TSLA) Shares will be on watch Monday following a
Barron's cover story that pitches the case that a triple-digit share
price is unjustified. Two things to consider for the EV automaker's long-term
potential: 1) Will the cost of electric batteries come down as Tesla rolls out
its Model X and Gen III? Opinion is sharply divided. 2) While CEO Elon Musk says
he sees sales reaching 30K-40K per year soon, if you crunch the numbers it
appears investors are betting on sales reaching a level of hundreds of thousands
a year. Despite Tesla's transformative tech, as the company eventually enters
the mass-market segment valuation could fall back in line with peers
Technical Analysis Stock Charts: Charts Below
Daily chart
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Technical Analysis Stock Charts: Charts Below
Daily chart
For more Technical Analysis -Go Here
For the latest updates on the stock market, visit,
http://daytradingstock-blog.blogspot.com
