Tesla:
1. On July 2 in our Williams edge session we initiated a new short position in Tesla at $1208.
2. Shortly thereafter, this position was stopped out at $1228 for a 20 point loss.
3. Subsequently we stopped and reversed in Tesla with new long positions at $1325 for a forecast advance to $1368/$70 profit target. The following day Tesla made a swing high of $1429, completing the $1368/$70 profit target. This successfully completes the stop and reverse trade, resulting in an approximate breakeven on the earlier loss.
David Williams