Studying a friend's favourite stock using Ralph Nelson Elliot's lenses: TSLA is running hot!
On a macro trend analysis, TSLA has already achieved its Target Price and has sliced through the roof like hot knife through margarine (healthier choice).
Spotting a convergence means a Wave 5 is underway or near its completion.
It does have the audacity to borrow Icarus' Wings! But you know what happens when you attempt to fly too high? A terminal velocity like fall beckons as the Fibonacci Sun is working hard to melt its wings.
No doubt proponents of TSLA won't buy any of this, or my analysis is simply humbug, but my suspicions are that we are on the precipice of a strong corrective trend, and that Elon Musk is indeed a Greek God in disguise.
On a macro trend analysis, TSLA has already achieved its Target Price and has sliced through the roof like hot knife through margarine (healthier choice).
Spotting a convergence means a Wave 5 is underway or near its completion.
It does have the audacity to borrow Icarus' Wings! But you know what happens when you attempt to fly too high? A terminal velocity like fall beckons as the Fibonacci Sun is working hard to melt its wings.
No doubt proponents of TSLA won't buy any of this, or my analysis is simply humbug, but my suspicions are that we are on the precipice of a strong corrective trend, and that Elon Musk is indeed a Greek God in disguise.