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FibMarketWatch
Oct 19, 2018 5:25 PM

TSLA - STRONG BUY Long

Tesla, Inc.NASDAQ

Description

TSLA is a STRONG BUY.






Thesis: TSLA has completed Cycle Waves 1, 2, 3, and 4. And, no car maker is even close to matching Tesla's ALL electric vehicle and fan base.

It is time for TSLA to have a strong rally higher.

Targets (Yellow Box): $386-$475





Will update.

-AB


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This Idea is being spammed...

Makes you wonder...

Just FYI...

2 Accounts banned.

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Thank you mods.

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Tesla beats on earnings and is increasing its cash! Already up over 50 points!

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Above: Primary Wave Sequence

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Drop back to Wave 1 Terminal in an ABC correction and then Wave 3 will begin.

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The 3rd Wave in the primary wave sequence extended

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2/3 Impulse waves trend near equality

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Looks like it still wants to extend.

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390-385 is the next key level

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Wow, this is looking great!

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5th Wave (Red) is expected to Extend.

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Correction: 5th Wave (Yellow) is expected to extend.

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My initial price target is going to be blown away...

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Corrected Chart:

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$547 is the new Target for the Higher Wave Sequence (Red)

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Need a brief ABC Correction

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Normal Wave

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Or Wave 5 still could extend.

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Small Yellow Wave

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ZigZag indicated

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Look for the correction to stop in-between the Terminal of Wave 1 & Wave 2 of the Lower Degree.

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Over 35% gain since calling bottom at $253.50.

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Correction looks to be over...

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TSLA is about to take off.

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Tesla is going through a series of complex corrections

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TSLA is looking very strong here...

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Accumulate TSLA during the market crash...

$270 looks likely...

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Cycle Wave has turned into a very bullish leading diagonal...

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Wait to buy @ $270

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TSLA bottomed...

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Comments
roosgart
TSLA is moving as expected since June
pmcllc
I think it is going to retest the prior high around 385 it could break it if it does then well the sky is the limit...
drrrrrrr
fire call
pmcllc
would be nice if it makes a consolidation before another leg up..
FibMarketWatch
@pmcllc, Yea, we will. 5th Wave is extending...
pmcllc
So far so good let's see what happens next..
FibMarketWatch
@pmcllc, yup, looking good. Should just be getting started. I’m long in stock and calls.
pmcllc
Thank you for sharing your view!
FibMarketWatch
@pmcllc, No problem, thank you for the like.
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