Today's "Sell the news" drop in price has set-up potential TSLA Buy Signals based upon Blue Line System parameters as well as the Hourly Stochastic Oscillator. If both get triggered it will be a higher confidence trade than if just one gets triggered. However, with the big picture potential for a Wave 3 down (Wave 1 down included a 60% decline in TSLA), this would still be a high risk trade. Buy Signals Pending: TSLA ($1,530) Trigger: An hourly (bottom of) close above $1,575 will trigger both Buys. Option: Sep 18th $2,500C (18.50-20.00)
