Tesla (TSLA) TSLA appears to be running again, up over $50 in the first two hours of trading. Normally, we don't use pre-market pricing in our signal generation, but in this case TSLA traded low enough in pre-market in reaction to the $2 billion offering that it pushed the Stochastic indicator to a deeply oversold reading and the subsequent robust price recovery has generated a Stochastic Buy Signal. In addition, a two-hour price bar has generated its own Buy Signal. Buy Signal: TSLA ($790) Option: Apr 17th $1200C (10.85-11.00) Alternative: Mar 20th $1000C (15.50-15.80)
