This breakout on Oct 25th caused us to issue a Friday morning, "Buy Alert." for TSLA, suggesting the TSLL calls for the next leg up: TSLA: Buy Signal, Pending Close > $265 "The update below was written after the close on Thursday for posting and emailing Friday. As of an hour after the open on Friday, TSLA has broken above its trend channel that has been in place since July, 2023. This could be a big deal and so long as TSLA closes and stays above this channel, we are back aggressively bullish. So far this morning price made a high at $269.44, but has been falling fast since. Key is today's close, above or below the channel top which comes in at about $265-260. TSLL remains the preferred vehicle for short to intermediate term trading." ----- TSLA can retrace all the way back to 300, or below, without affecting the bullish pattern or longer term Fib extension targets: We will use money management to protect our option gains, with as view to get back in if the 50% trailing stop is hit (see table bekow). If holding TSLL shares, no need to exit unless TSLA closes below $290. ----- TSLA - 2025 Price Map ----- TSLA/TSLL - Active PRO Service Calls Use 50% trailing stop from Best Returns top tick, locking in 3X+ gain. If hit, we will use next Buy Alert to get back in. If any of these positions are still being held in December we will look to roll-over into Mar 2025 expiration.
