TSLA There is no change in my target of $1,800-$2,000 by EOY 2022. The only question is at what level the next leg up will commence. My last buy-in was at around $800 in early October. My next buy-in will be where and when dust settles, probably around $1,000, more or less $50. 1st qtr 2022 earnings are out late April to early May so I'll be looking at June 2022 calls for my next TSLA "short-term" play. Ideal scenario: A close below Fib support at 1050 and then reversal back above 1050. How far below does TSLA have to fall to make bottom? It doesn't matter. ------------------------------------- UVXY UVXY is breaking out on all of its short-term models and now has generated a Buy on its 3-hour Intermediate Term Model (See chart below). Short-term traders in the PRO Service are already be Long Nov 19th calls. For the intermediate term we will want to be Long the Dec 17th calls. There are almost 5 weeks to go to expiration and I am looking for a double or triple in UVXY from current prices. The downside on UVXY out-of-the money calls is a 50-100% loss. The upside, a 1,000% or better gain. I'm in the November 19th $15C and will also be adding a position in the Dec 17th out-of-the money call (wherever the price) after Nov 19th expiration. UVXY Intermediate Term Buy Option: Dec 17th out-of-the money call ($18-20)
