Whether or not Tesla Motors (TSLA) is the stock of the year is a moot point at this moment. For anybody not in the stock now that has already missed a $30 rally in January alone, the key to making the stock the play of the year is a strong entry point. Tesla made a similar rally off the lows last February from nearly $140 to $270. Along the way, the stock plunged nearly $30 in a couple of days towards the end of March and had several occasions of large pullbacks to the 20ema (blue line). The moral of the story is that the reason Tesla is able to rocket from $180 to $245 in less then two months is the same reason that the stock hits road bumps and massive multi-day selloffs. For those thinking that Tesla can repeat the early 2016 rally, the stock could easily reach $300 or more this time. At this point, if you must own the stock wait for a dip!Disclosure: No position