TSLA has been relatively quiet since its late April Short-Term Trend Model Buy Signal. What the chart below shows in a mostly sideways consolidation over the course of about 10 weeks, but with price now on the brink of breaking out to a new high for the spring move, above $191. The target for Wave 3 as shown on this chart is $264 some time between Sep-Dec expiration. TSLA 240 Minute Trade Management Calls bought pursuant to the late April Buy Signal are well off of their peak returns, so if stopped out via trailing stops and looking to get back Long, await a close in the $190's and look out to Sep/Dec. If still holding, these are keepers above $170 - lower upward sloping channel line on above chart. New Capital - On TSLA close above $191
