PLG Hype sequence. 0.1.1.2.3.5.8 ............. A wave sequence based on a Fibonacci number sequence. In the case of this as well, the ascending wave sequence seen in the analysis may be formed. We are currently in the doubling phase. This means that the wave sequence numbered 2 is exactly double the previous sequence. I signal that both NIO and Tesla started like this. In case my analysis is correct the next target price is 9.52 usd.