See It, Trade It: Tesla Motors Strong Buy Level At Lower Triangle Support

Tesla Motors Inc (NASDAQ:TSLA) has had problems of late. Between auto pilot deaths, an attempted Solar City aquisition and Elon Musk's SpaceX explosion, the stock has been hammered. A drop in stock price yields opportunity. There is major support on the stock at $150.00 based on the trend line that forms the bottom of the triangle pattern. Look for this target to be hit in September, and be ready to buy.

By Pro-Trader

Anthony Jackson