This is our shorter-term oriented 240 minute trend model which shows price moving up nicely toward resistance at the top trend channel, around $198-200. This will be key resistance and a break out above $200 could send the stock soaring in a wave 3 of (3). TSLA 240 Minute Trend Model Above $200 we look to the Daily Trend Model which recently triggered a fresh Buy and is targeting the upward sloping trend channel resistance near the mid $200's. TSLA Daily Trend Model Trade Management If using a 50% trailing stop on any calls, these new Buy arrows are places to re-enter long, going out at 4-6 months (Sep-Nov). Absent a macro market breakdown, expect to be holding onto at least one set of TSLA calls well into 2025-2027. "TSLA - Short-Term Buy" "A TSLA close above $170 will be enough to trigger a short-term Buy that has the potential to take shares well above $200 in the next 60-120 days. My favored options of choice for this trade are the Sep 15 $200C and the Sep 15 $250C, depending on individual tolerance for risk, especially if still holding TSLA calls from March 15th Buy Signals." - PRO Update May 5
