Issued: 06/19/2014
Tesla TSLA:
1. We remain long from our May 19 update indicating new long position above $200 in Tesla for advance to $220 (or higher). We are awaiting our final long position exit.
2. Next week (the week of June 23 (+/-1 week) is the next important weekly top for Tesla. Any test/attempt at $237 will indicate final long position exit.
3. Our stop remains at $222. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 06/16/2014
Tesla TSLA:
1. We remain long from our May 19 update indicating new long position above $200 in Tesla for advance to $220 (or higher).
2. Initial long position exit was taken at $205.58, noted in our June 3 update.
3. Further profit exit should be taken at/near Teslas current price (current price, $224.61). Will message final long position exit in a subsequent update.
4. Our protective sell stop has been raised to $207.00. This stop will continue to be moved higher as the market continues to confirm.
David Williams
Issued: 06/03/2014
Tesla TSLA:
1. Our May 19 update in Tesla indicated new long position above $200 for further advance and test/attempt at $220 (or higher) into the week of May 27 (+/-1 week).
2. On May 22 Tesla advanced beyond the $200 buying territory and continued higher, reaching a May 30 session high of $214.80.
3. However, $214.80 has remained the recent swing high. Therefore, if partial exit has not already been taken (self-directed), partial long position exit should be taken at current prices (current price $205.58).
4. A protective sell stop should be placed at $199. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 06/23/2014
Tesla TSLA:
1. Today Tesla session continued to advance and completed the forecast $237 upside target and final long position exit (today’s session high, $238.52, so far). This completes the trade from our original long entry from above $200 noted in previous updates. Will message any further entry or indication as the market confirms.
David Williams
Issued: 06/18/2014
Tesla TSLA:
1. We remain long from our May 19 update indicating new long position above $200 in Tesla for advance to $220 (or higher). We are awaiting our final long position exit.
2. Our protective sell stop has been raised to $220.00. This stop will continue to be moved higher as the market continues to confirm.
David Williams
Issued: 05/19/2014
Tesla TSLA:
1. Any continued advance and daily or especially weekly close above $200.00 in Tesla will indicate new long entry for advance and test/attempt at $220 (or higher) into the week of May 27 (+/-1 week). No new long entry is indicated as yet (today’s daily close, $196.09). Will update.
David Williams
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