Today I decided to update my long term chart for Tesla Motors. NASDAQ:TSLA is one stock that has done really well with Time@mode signals, basically in every timeframe, for as long as I've been following it (since @timwest introduced me to it in 2015)
The quarterly uptrend expired end of June this year, which suggests that price action will be choppy for approximately 15 quarters in a row. Until then, it's probably ok to hold, if you don't have anything better to do with the funds invested in the stock and are ok with the opportunity cost. Personally, I hold no exposure to it and don't plan on it until we have long term clarity again.
I did a mode to mode projection for the next long term target in the stock, the last time I did this I got an approximated target of something between $118 and $336. You can see my old long term forecast in related ideas below.
Currently, I can estimate that price can eventually reach the vicinity of $3280 to $4100. I'm confident in it getting there over time, but it can take a long wait, maybe by Q4 2026 to get the next trend signal, which will precede the start of steady acceleration to the upside.
Best of luck if you're a shareholder, and if you're not stay tuned for the next long term bullish signal in the stock, I'll be sure to catch it and share it with my clients.