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Scott Redler: What Could Trigger More Upside in TSLA This Week?

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Tesla (TSLA) has been a real battleground stock.

It had a big day on volume, clearing $301 and then the $310 area to see $330ish. If it can hold $313ish this week and close above the $324.50 area, perhaps it can see more upside this week.

On Friday, the SPX absorbed a lower open and closed near the highs. This week, as long as we hold 2750ish, the active bulls stay in control for the possibility of clearing 2779 to test the 2800 area.

Tech took a few days off after a big move. As long as the QQQ’s hold the $173 area, it seems constructive with the potential for higher prices. Let’s see if the F.A.N.G. names hold Friday’s lows, and if they perk up.

P.S. For the first time ever, Scott’s teaching his unique method of game planning that could be your answer to trading frustration. 

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