Every time the monthly stoch RSI went to 100, so full overbought, we saw new alltime highs.
Quite simple! That was already twice the case, and I think it will happen again now. TSLA is on a brutal run, I by the way also called the bottom back in may, it was pretty clear back then that this was a huge trap for poor shorters:
So yes, chartwise this is pretty simple. But the fundamentals also confirm this: Gigafactory 3 finished, Model 3 production started there. Maybe extension of EV rebates. Gigafactory 4 near Berlin starts in being built in Jan 2020. Growth, expansion, growth on all fronts.