Starting it off:
$gold and $dollar...not yet....
RA
rat89
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Posts: 7,015
tsla has its fans, and they talk about the "genius" of elon muskrat. I'm ambivalent about it as a trading vehicle. Traders I know say that standard technical analysis doesn't work because the stock is so news driven, but I don't see that at all. Generally I see the ta in the indexes and in active stocks set up well before the "news" hits, and then the talking heads hang their story on the "news", and everyone is satisfied with the explanation.
In any event, I see two paths for tsla. The blue, bullish count has a target for [C] up around 407+, and the red, bearish count has [C] completed at 389.61, and is in the process of making 5 waves down. Minor 3 targets are at 152.50 and 97.40. The blue count becomes invalid below 244, and red count becomes invalid above 390, though at that point there is not a lot of meat on the bone to the blue [C] target.
In any event, I see two paths for tsla. The blue, bullish count has a target for [C] up around 407+, and the red, bearish count has [C] completed at 389.61, and is in the process of making 5 waves down. Minor 3 targets are at 152.50 and 97.40. The blue count becomes invalid below 244, and red count becomes invalid above 390, though at that point there is not a lot of meat on the bone to the blue [C] target.




























