Friday, May 10, 2013

Tesla is Forming the "Dreaded Eiffel Tower Formation" (TSLA)

The stock is at $78.27+$8.87‎ (12.78%‎)
First up, FT Alphaville:

Why Tesla’s rally may have a short fuse
Tesla stock seems to be flying on a SpaceX shuttle mission to Mars at the moment:

Thursday’s earnings beat, which saw the company turn in its first ever profit, is no doubt a key factor behind the breakout performance. But given that Tesla’s always been a heavily shorted stock...
...MUCH MORE

And from Kimble Charting Solutions via Advisor Perspectives: