TSLA - Tesla Inc. - Earnings this Wednesday after market close.
Potential support forming on the tech innovator. It takes 4 touches to make a valid trendline and on the chart we see touch number 3. We still like TSLA long term and are holding our positions from the 233 and 267 areas respectively.
The alert trader may recall us mentioning that Tesla Auto change its name to Tesla Inc. several months ago. This was a clue that TSLA was going to be much more than an auto manufacturer and puts them in the new product and service category, that we like so much.
http://tradingroom.tech/2017/07/tsla-tesla-inc-earnings-this-wednesday-after-market-close/
Here's an earlier post with the weekly chart showing Tesla breaking out of its base:
You have to wounder about Tesla after all when they build and sell the energy units who is going to buy them?
Tesla Inc
NASDAQ: TSLA - Jul 31, 7:59 PM EDT
323.47USDPrice decrease11.60 (3.46%)
After-hours: 323.70Price increase0.23 (0.07%)
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