Well, it finally happened. Tesla () broke above its long-term resistance line. In addition, I think there are a makings of an inverted H&S pattern here, which is bullish. Since a certain someone in my life has a ton of this stock, I celebrate the news.(Click on image to enlarge)
Here’s the longer-term view. I suspect the psychologically-important $300 level will be beckoning at this point and should be easily achieved this year.(Click on image to enlarge)
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Tesla Trend Break
