10/12/2014 – Tesla

Issued: 10/12/2014

Tesla, TSLA:

1. On Thurs., Oct. 2 during our Williams edge stock meeting it was noted that a weekly close in Tesla above $240 would be the earliest indication for a multiweek advance and test/attempt at $269/$71 (or higher) into the 3rd week of Oct. (+/-1 week).

2. Tesla closed the week at $255.21, well above $240 noted above. This prompted new long entry at the $255.21 weekly close.

3. On Thursday, Oct. 9 Tesla had advanced approx. $10 above our $255.21 long entry which prompted 1/2 long position exits, indicated in our Thursday, Oct. 9 Williams edge stock meeting.

4. On Friday Oct. 10, (in concert with the larger index decline) Tesla broke to the downside, opening 11 points below our $255.21 long entry. This resulted in a small loss on the entire position (+ $8-$10 initial, – $11-$13 final). Will update in Tuesday’s Oct. 14 live meeting.

David Williams

Issued: 10/04/2014

Tesla TSLA:

1. On Thurs., Oct. 2 during our Williams edge stock meeting it was noted that a weekly close in Tesla above $240 would be the earliest indication for a multiweek advance and test/attempt at $269/$71 (or higher) into the 3rd week of Oct. (+/-1 week).

2. Tesla closed the week at $255.21, well above $240 noted above. Aggressive can consider long entries or put selling slightly above or below the $240 level. All others should wait for the possibility of a better entry (lower prices) as the upside target is due several weeks out. Will update as the market continues to confirm

David Williams