17.02.2016 - Price of Tesla Motors can continue the current growth

Tesla Motors share price continues to show an upward movement within the correction after the recent sharp decline to the level of 140.00. Currently quotations are around the level of 160.00 and may continue its upward movement to the bottom of the channel or the level of resistance at 186.00. In case of resumption of negative dynamics, the price may return to level of 140.00. We expect growth in the near future and in the medium term, but do not rule out re-testing of support levels at 140.00.

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