{"id":28580,"date":"2014-07-29T11:38:49","date_gmt":"2014-07-29T15:38:49","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=28580"},"modified":"2014-07-29T11:38:49","modified_gmt":"2014-07-29T15:38:49","slug":"time-to-buy-tesla","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2014\/07\/time-to-buy-tesla\/","title":{"rendered":"Time To Buy Tesla"},"content":{"rendered":"

Yesterday, Tesla Motors Inc. (NASDAQ:TSLA)<\/a> flashed a buy signal at $229.78. This put all three Trade Triangles in a positive trend.<\/p>\n

The RSI indicator moved over the 50 level, which is also another strong confirmation. I view that action as the continuation of a strong upward trend for Tesla.<\/p>\n

<\/a><\/p>\n

CHART LEGEND
\n1. Long-term positive trend line
\n2. All Trade Triangles are positive
\n3. Weekly buy Trade Triangle yesterday
\n4. The RSI indicator<\/a> is now over 50
\n5. Upside target zone of $300<\/p>\n

Technically, I can see Tesla Motors Inc. (NASDAQ:TSLA)<\/a> moving to the $300 range. Look for near-term resistance around the $240 and $260 levels.<\/p>\n

Every Success,
\nAdam Hewison<\/a>
\nPresident, INO.com
\nCo-Creator, MarketClub<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday, Tesla Motors Inc. (NASDAQ:TSLA) flashed a buy signal at $229.78. This put all three Trade Triangles in a positive trend. The RSI indicator moved over the 50 level, which is also another strong confirmation. I view that action as the continuation of a strong upward trend for Tesla. CHART LEGEND 1. Long-term positive trend […]<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[188,4947,2975,5869,6138,2976,567],"class_list":["post-28580","post","type-post","status-publish","format-standard","hentry","category-general","tag-adam-hewison","tag-elon-musk","tag-marketclub-techniques","tag-relative-strength-index-rsi","tag-tesla-motors-inc-nasdaqtsla","tag-tips-talk","tag-trade-triangle-technology"],"yoast_head":"\nTime To Buy Tesla - INO.com Trader's Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2014\/07\/time-to-buy-tesla\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Time To Buy Tesla - INO.com Trader's Blog\" \/>\n<meta property=\"og:description\" content=\"Yesterday, Tesla Motors Inc. 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