Noteworthy is the red down arrow now appearing on TSLA's short-term trading model. Key takeaways: (1) Use it as an aggressive stop on the Sep call positions, and, (2) TSLA is now working off an overbought condition that will culminate with a blue up arrow triggering a fresh short-term Buy, loosely projected on the chart below: This is the same pattern we saw throughout 2020-2021, a time when TSLA had its exponential 15X run-up from our Dec 7, 2019 "Game Changer" Buy Signal, into the Nov 2021 all time high @ $414.50. During that run our longer term Jan 2021 $420C "buy and hold" LEAPS were up close to 11,000%, but we also netted a half dozen 300% and better option trades on shorter-term calls. The difference? That was a Wave 1, this is a Wave 3, which should be steeper, faster and run higher. Do not miss it. For now, we take profits on short-term (Sep) positions and await the next short term Buy. The sooner it comes, the more powerful the implications. Sep TSLA Calls - 50% Trailing Stops A 50% trailing stop from the best percentage gains is at +426% on the Sep $200C and at +128% on the Sep $250C (this stop already hit).
