Yesterday's mid-week update had this to say (in part) about TSLA: "Next leg up could be an extended Wave v of 3, taking price > $500. The problem is that Wave iv may or may not be over, if the latter, another few weeks of consolidation will come first. A clean break above $365 will signal that a dynamic move up is unfolding (revist: Tesla Buy Pending @ $265) With all the hoopla about Bitcoin breaking above $100K last night, it would be understandable to miss TSLA 's breakout out above $365...but it has, enough so as to qualify as a "clean break" as per yesterday's analysis. For now, we can assume wave iv is over that a Wave v of 3 is unfolding into early 2025. TSLA 120 Minute So long as TSLA remains above $360 the assumption is that Wave v of 3 is under way with a price target above $500, time frame: First Qtr. 2025 Premium Service TSLA/TSLL Active Positions Hold above positions or roll-up to a TSLL out-of-the-money Mar 21st call from the table below. Preferred strike highlighted. New Capital and/or Rollover Candidates Dec deep-in-the-money calls and/or new capital can be rolled-up and deployed into the TSLL Mar 21st $30C. If holding 500%+ profits, consider banking some gains first. TSLA Longer-Term Eyes on the longer-term prize, deeper in 2025.
