Yesterday TSLA generated a Buy in its very short term oriented 30 minute minute trend model just after a successful test of at Fib (38.2%) support: "We don't normally trade the 30 minute time frame, but when a trade signal is generated near an area of natural support it has a higher probability of success." Sure enough the shares were up $40 yesterday and are up another $50 about an hour after the open today. Unfortunately, I did not recommend a short-term option trade with yesterday's PRO update, my bad. The Dec 17th $1100C has risen from about $40 to $78 in 24 hours. The good news is that the Jun $1600C that was mentioned has risen from $60 to $80 during that same 24 hours. The combination of a reversal off of a widely traded support level and a trend model buy signal identified a high probability trade. At least we got that part right. We should be able to do this more often in the PRO Service. All we need is for TSLA to have more corrections to fade. Good luck with that.
