December 1, 2013

TESLA Motors Weekend update

  • Tesla motors nearing confluence of support levels.
  • Daily chart nearing 200 Day SMA. Weekly chart shows a  pause near Lower Bollinger band and 50% retrace level. If these levels are held and a move above 133.3 can happen on closing basis a bigger bounce is possible. On the contrary a break below 114.2 level on closing basis may extend the current down trend further.
  • APPLE Weekend update

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