Investors have watched over the last six weeks as shares of Tesla Motors Inc (NASDAQ:TSLA) surged from $180 to $240. Today, the stock was upgraded and is trading at $247. I am here to reaffirm the $255 price target on Elon Musk's company. Investors should not even consider selling Tesla Motors until it achieves this target. In addition, investors looking to short the stock should stay away from this action until it hits $255 as well. Once it hits $255, a pull back is highly likely to a target of $235 and can be an easy profitable trade for short sellers. The chart below clearly shows the price target level on a technical basis. Learn to read the stock charts and become an expert trader.
Stock market investor price target on shares of Tesla Motors
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I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.