TSLA to $450-$500 this year Tesla, Inc.BATS:TSLA54c1944ee97a4b21bd91ee13c21195Technicals: Big Picture: Huge wedge breakout, followed by retest and bounce, and now we are flagging. 2Month Chart: Every time TSLA has had a hammer candle on the 2M chart, we have rallied hard within 2-7 months. 100 SMA on the daily: Everytime TSLA’s daily 100 SMA has gone from an extended downslope to upsloping (with the addition of some wedge breakout or Inverted H&S), it’s been the beginning of a rally. Fundamentals: While this analysis is primarily technical, Tesla’s long-term prospects, its strong base of loyal investors, and the high level of short interest believing its already over priced- suggests to me that the technicals are signaling a huge run this year to $450-$500+.