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Friday, November 11, 2011

TSLA

I missed the TSLA breakout about a week and a half ago, but it gave another chance today after a bullish flag pattern. For once, we have a breakout with a strong price relative line, and a pretty massive rise in CMF. According to the "pivot point projection" method (which I made up, but works often enough for me to believe there might be something to it), the next resistance level is about 36, a couple of points from where it is now. This one might be worth a shot.

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