TSLA There was no NFLX-like breakdown after earnings, so the potential trade discussed yesterday did not materialize. Today's $100 pop was not enough to break out above the forming wedge pattern, but price is getting closer. As of today it would take a break above $1130-1150 to trigger a new trade. The PRO tracking portfolio already has two outstanding TSLA option positions (with two more in the Premium portfolio) so no need to force another here until the anticipated breakout, which I expect in the next 30-90 days, depending on the macro environment. Open TSLA Positions: PRO Portfolio Open TSLA Positions: Premium Portfolio Longer Term Fibonacci Extension Price Targets UVXY Stand By for a fresh UVXY Buy Signal. Check PRO website for any special Alerts on any break above $13.00.
