As is evident on this long term TSLA chart, the levels of $1,900 and then $2,600 should be powerful magnets as price works its way higher over the coming 6-12 months. (Higher levels will take over from there, but those levels, $3,800 - $4,000, are probably 18-24 months away). These calculations are based on different wave progressions, so the fact that the price targets are converging at almost identical price levels provides a higher confidence that these price objectives are meaningful. Going forward we will be fine tuning option strategies accordingly. Only a breakdown below $800 would cancel these targets, meaning risk:reward is excellent.
