Well, it finally happened. Tesla (TSLA) broke above its long-term resistance line. In addition, I think there are a makings of an inverted H&S pattern here, which is bullish. Since a certain someone in my life has a ton of this stock, I celebrate the news.
Here’s the longer-term view. I suspect the psychologically-important $300 level will be beckoning at this point and should be easily achieved this year.
