meszaros

TSLA target price 846 usd.

Long
NASDAQ:TSLA   Tesla
TSLA target price 846 usd. In my analysis, I stated the fair value of the stock. This is now 700 usd levels. Apparently, market pricing is already above that. To determine the target price, we now apply the rule that we form an axis for our ATR closing value added to the extreme of moving averages. This axis is now our wave axis. (I often explain this analysis strategy in my older comments.) We project a so-called "mirror axis" onto this wave axis. The target price is given by the intersection of the further prediction price increase and the mirror axis. Which will be 846usd. The question arises as to why we have now departed from the fractals. The answer is simple. The exchange rate moves on an exponential wave path. That is why we have used wave axes and non-wave sequences.

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