With earnings out of the way we can go back to our orthodox pattern recognition analysis, first of which is the massive support expected around the 50-day moving average, just below current price and rising: I will be writing more about the earnings call which bottom line could not have been much better in terms of long term growth and share price appreciation. Already this morning much of the volatility premium in calls across all strikes and expirations is falling. That too bodes well for the intermediate term. By the end of this year I expect $500 and multiple times that in 2021 with acceleration into the end of next year as Cybertruck deliveries begin. As it was last December when I first wrote about it, Cybertruck is a game changer. There are 700,000 Cybertruck pre-orders...and counting. The long term TSLA story keeps getting better and we will continue trading calls aggressively in the intermediate and short term models.
