After almost perfecting hitting my $100 price target on TSLA, it has exploded 40% higher in a matter of just a couple of weeks. As I’ve stated before, my target for this bounce is about $158, and we’re getting closer by the day. Remember that earnings are just two days from now.
Just as TSLA hitting $100 was an important bottom for the market, I likewise think TSLA getting anywhere close to $160 will be an important top. The easiest outcome would be if, post-earnings, they goosed it to the target.