Some would consider it foolhardy to trade in and out of the generational opportunity we have with TSLA and it's derivative calls and LEAPS. Nonetheless, charts don't lie. TSLA Intermediate Term Trading Model This chart labels trend model Buy and Sell signals as strategic opportunities to buy and exit long positions in accordance with our proprietary trading model. The best alternative to following this model is to use a 50% trailing stop on long positions, using either option prices or option percentage gains to calculate 50% drawdowns. The Big Picture The big picture still allows for a broad based market decline into mid-October (See US 10 Year Yield chart below). Nonetheless, a strong breakout above TSLA $280 would turn me back into pound the table bullish again for a run to $400 by year's end. Regardless of my expectations, follow the arrows, red and blue, for a truly unbiased bullish/bearish analysis. US 10 Year Next inflation numbers due out Oct 11th (PPI) & 12th (CPI)
