TSLA will generate an Intermediate Term Buy Signal on a close today above $380. Initial targets will be between $453-$562, then $738 after that. There is no time component in the target forecast. The chart below also shows the past three TSLA Intermediate Term Stochastic Buy Signals over the past 12 months. They are there to allow for the possibility that a fresh Stochastic Buy could be in the making, which would suggest TSLA isn't going straight up to that target window, that there could be another dip to set up that signal. System Signals in sync with Stochastic Signals, as we saw on August 12th, can be a very powerful one-two combination. Nonetheless, there is no certainty that the stochastic will fall into oversold anytime soon, so the system signal, if triggered today, should be respected. Below is the Call Table as it was just after the open. There are more TSLA calls available than you can shake a stick at. Yesterday the short-term model triggered Long and we bought the Oct $400C (PRO Short-Term Service). For this signal look at the October $450C, Nov $500C, Dec $600C, Jan $600C, or whatever call fits your own risk:reward tolerance. Finally, this summer has seen several outstanding TSLA Buy Signals, some of which may still be open under personal trade management. As for portfolio management, If the tank is empty take any new Buy, if already fully charged, apply some common sense.... you already are on auto-pilot and there will be plenty of superchargers still ahead. This ride still has a long way to go.
