TSLA hit a high this morning at $651.41 before backing off into the mid-$640's. This entire run-up from the $614 post S&P inclusion low has set-up a Short-Term System Buy Signal, this is in addition to the Stochastic Buy which was confirmed this morning. (For new PRO members, we are a pattern recognition option trading service, and these two patterns come from independent models.) It will take an hourly close above $655 to confirm that System Buy Signal. As pointed out yesterday, the PRO portfolio is already holding two TSLA option positions and other than possibly rolling into a new strike and/or expiration, no new action in the tracking portfolio will be taken. A price move above $655 will target $700 shorter term. Intermediate Term we are still looking for $1,000 within the next 12 months. Longer-term, by the time my Tri Motor AWD Cybertruck gets delivered (12-18 months), it should be paid for just by my TSLA share gains between now and then. Bull case: Two Cybertrucks.
