Updated details from my post on Friday 7/8. That was done in a hurry with the primary message being "seize the opportunity and Buy while its still in the 700s"... Here are my expectations after running a full analysis - I should note that the method I am using to calculate targets is my own, the Elliot Wave shown is just a supplemental check I use to confirm the move I am seeing coming using my method is plausible with respect to the larger structure:
- Pre-earnings target = 917.61, with the most explosive part of the move coming next week (7/11/2022 - 7/15/2022). There might be some resistance around 822-853, but I think it has the setup to squeeze right past it with consecutive big green days.
- After testing low 900s as a sign of strength, it might pullback/consolidate going into earnings. Post-ER target range is 955-984, and in the right environment it can even test the major resistance around 1150. I'll re-eval from there when the time comes.
Markup was activated with a break above 747.90, and then close above deep purple trendline Friday 7/8. We already got a taste of TSLAs strength above the 747 after hours 7/8 when if got to as high as 777 after Elon withdrew from the Twitter deal. He knows what he's doing.
Regards, Grimes
we are from the dimension that exists in Your future, translated in Our past via R.E.M. within the dimension that exists in Your present... or did
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Based on the impulse that formed at todays low, adjusted path from here is:
903 by 7/14 then pullback to 860 going into earnings 1050 post-earnings, 1150 if Musk doesn't give a physics lesson
oops, seams the Bull plan didn't work this time, not sure if will drop more this week.
JerryManders
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@MoroCan2021, stay tuned <insert rocket emoji>... Musk has em in his palm
JabezDolz
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I think he meant the second time it crosses 711 that’s why he posted it twice
JabezDolz
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🐐🐐🐐🐐🐐🐐🐐🐐
shelby3
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Telsa has started to move up because Elon canceled the Twitter deal. YTuber Meet Kevin hypothesizes that it’s only a ploy to negotiate a lower $37 buyout price. So yeah expect a bounce here, but the markets are coming back down in August for a slightly higher or lower low before lift off. Earning season will include forward guidance downward revisions. Note my latest updates on BTC and altcoins also signaling a decent bounce incoming but not the impulsive breakout you are expecting. Markets are still in bull trap mode until September.