Stock Of The Day: Will The Tesla Breakout Hold?

Trading in Tesla, Inc. (NASDAQ:TSLA) is quiet Friday. But many traders are watching it closely. If the current support holds, it could be a bullish sign that may indicate a move higher into the end of this year. It’s why Tesla is the Stock of the Day.You can see on the chart below that there had been resistance for Tesla around the $470 level.When the shares reached this price in early October, they reversed and sold off. The same thing happened in late October. After reaching $470, they once again headed l ...