An hour before the close on Tuesday and TSLA is teasing on both sides of the ledger. Since our Weekend Update, it was down on Monday as low as $272, but has since rebounded back into the mid $280's. A clean breakout would clear $310, but we would want to start buying fresh calls anywhere north of $300. Note on this new EW chart below, our next upside target is well above the current all time high of $488, so patience now will ABSOLUTELY pay-off, if $750 is the goal, whether we buy at $290 or $310 its not going to matter. Waiting for $300 seems a small price to pay for that added assurance that Wave iii of 3 UP has indeed started. TSLA Intermediate Term Circled area is current price conundrum. Once above both trend lines, $500-750 becomes immediate target by end of this year. Our next foray into calls will come from the table below: TSLL Sep Calls
