TSLA has fallen back to its multi-year rising trendline where it could find some temporary support. With earnings out on the Oct 19th and with the "Big Picture" still teetering on a Wave 3 down October crash, buying here is fraught with risk. We have always done better buying TSLA on strength, i.e., on breakouts or via a Trend Model Buy Signals, than by picking lows. Once the threat of a market crash has past, or at least lessened, we will be buying fresh LEAPS and not a moment sooner. Nonetheless, I am still holding my shares for now and will be looking to add fresh calls later this year. A break below $180 is possible before this convoluted correction, going on for almost a year, is over. Shaded Fib retracement zone coincides with the prior Wave 4 bottom (May 2021) and marks likely ultimate low.
