$Tesla Motors(TSLA)$ Obviously I'd be delighted to see Tesla race on to $300 soonest. I was expecting it to touch 250 by mud July but lo, already the current market price is $246.39. With its 200-day moving average at $206, it is suggesting a long-term bullish momentum. I think the price is not at the support price zone, suggesting cautiousness around buying timing.
As an analyst recently wrote, current price zone accounts for about 21% of trading activity (volume) over the last year, suggesting possibility of increased trading activity in this zone going ahead.
Therefore I'd be treading cautiously in this counter. Stay invested and look at further investment strictly based on research.
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