Excuse the focus on TSLA this week, but there are a lot of Premium and PRO subscribers who thanks to some timely Buy Signals have a lot of money riding in and alongside this EV. TSLA hit $2,000 today which worked as temporary resistance, as round number targets have a tendency to do. Shorter-term we suggested in the PRO Service that a break above 1910 would send it quickly to that round number, and it did in about 90 minutes. Now what? Below is the chart from Tuesday with the Fib Extension target of 2231, updated through today's high. Note the Intermediate Term Stochastic Buy Signals...there will be more over the next 6-12 months, and beyond (see here). In the world of "most likely scenarios," price will probe 2000 for a day, or an hour, or a week, then make a run for 2231. The August 21st expirations go off tomorrow, leaving October 16th and September 18th as the preferred monthly expirations, in that order, to take advantage of S&P inclusion, the 5:1 stock split and Sep 22nd "Battery Day." Finally, a must watch 43 minute interview with Jim Cramer (TV guy) and Rob Maurer (of the stellar Tesla Daily podcast) where the former is taken to school on Tesla by the latter: We're Looking At A Revolution. TSLA Calls
