The exchange moves symmetrically to the MA100 axis. Therefore, it is assumed that it has reached the level of adjustment. In the case of the symmetric wave cycle, I assume that a further rising wave system may develop. The target price for this is 304usd. I note that the intrinsic value of the TSLA stock and the fair value of the stock are also close by.
Thanks for the comment. As for the criticism part of not having to include fear value or intrinsic value .... that's what I'm thinking. After all, I can take it off.
Captain_Walker
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TSLA is a good long term bet for those with an investment model where large price fluctuation down to 175 is not a problem. For traders - who normally hop in and out of the markets - it's a different thing. Traders would need to take very wide stoplosses and wait weeks or months (which is not really trading). I'm staying out cuz I don't like the idea of tying up capital on on share when it can be used more effectively on other instruments. But for investors - it looks good.