Tsla is an absolute monster of a stock, we appear to be near the top of this massive increase in price. It's important to bare in mine that 10% of the floating shares are short, so a short squeeze could be in the cards. I believe we're in the midst of a fifth and final wave.
A Note
Yes I am aware that the 3rd wave is currently the smallest one; this breaks one of the key rules in EWT. However, this is sometimes justifiable if the wave-count is in a 5th wave extension.
My conservative top-out range: $1446-1459
Aggressive Short Squeeze Top-out range: $1,700-$1750
A Note
Yes I am aware that the 3rd wave is currently the smallest one; this breaks one of the key rules in EWT. However, this is sometimes justifiable if the wave-count is in a 5th wave extension.
My conservative top-out range: $1446-1459
Aggressive Short Squeeze Top-out range: $1,700-$1750