Tesla Motors will have a "strategic" announcement today: A buy signal is coming?

PUBLISHED: 26 Apr 2013 @ 01:05 | Comments (0) | More info about Felipe Erazo

Yesterday, Tesla Motors Chief Executive Elon Musk announced via Twitter that the company will make an announcement “strategic” today.

After that announcement, Tesla shares (NASDAQ:TSLA) rose more than 3% ($ 1.43) on Nasdaq, because, according to the tweet of Musk, the annoucement will be well pleased for Tesla owners. A company spokesman said the announcement will be focused on the services offered (probably service improvements and implementing new things).

In technical analysis, all indicators are supporting a bullish outlook for stocks Telsa, because the SMA 14 and SMA 34, made a bullish death crossover pattern, which indicates that the shares will remain up for a long time. The MACD indicator no shows yet completely overbought signs in these actions, so we must be aware of the announcement today, but take in mind that the tweet, did not specify exactly what time that announcement will be made.

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