While the traditional analysts argue about a few percent decline in profit margin, the stock is up 7% today and lending credibility to the bullish wave count of a Primary Wave 3 now in progress. The implication is a doubling of stock price in 12 months and another doubling in the next 12 months. Maybe sooner, because Primary Wave 2 from $1,243 to $620 took 9 months, suggesting that Primary Wave 3 (9 X 1.62) will take 14 months, i.e., Sep 2023. Shorter-term, the race to new highs has begun. It would take the loss of all of today's gains to stop me out of this forecast and trade. The race to new highs TSLA Nov 18th Calls Due to the anticipated 3:1 Stock Split I prefer calls divisible by 3, leaving the Nov 18th $1,200C and $900C (in that order) at the top of my list.
