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Tesla shares break $300 for first time ever – and this chart shows ‘there’s still food on the table’

April 5, 2017

Via: CNBC
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Tesla shares surpassed $300 for the first time ever in Tuesday trading, touching a new all-time high of $304. And according to one technical analyst, the short-term and long-term charts on Tesla continue to look downright electric.

“Regardless what you think about the valuation, this stock is not going to get beat by a spreadsheet. This is a great technical setup, and it’s only gotten better here,” Rich Ross, head of technical analysis for Evercore ISI, said Monday on CNBC’s “Power Lunch.”

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