Tesla wave 4 correction over. Tesla wave 5 extension incoming. #1 buy in the market.
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May 9th 2019: shortsqueeze.com Short Interest Ratio (Days To Cover) 3.4 Short Percent of Float 26.61 % Short % Increase / Decrease 2 % Short Interest (Shares Short) 33,468,400 Short Interest (Shares Short) - Prior 32,740,400
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Short Interest Ratio (Days To Cover) 3.1 Short Percent of Float 29.90 % Short % Increase / Decrease 13 % Short Interest (Shares Short) 37,925,800 Short Interest (Shares Short) - Prior 33,468,400
Analysts are going full perma bear. this is Elon Musk he raises money when he wants. short squeeze incoming
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Market is forgetting TSLA 's massive lead in EV + autonomous driving. TSLA expected 2020 EPS: $6 + brand new robo taxi money. sell me all your shares
Now here’s the truth: What apple did for the iPhone, Tesla is doing for the car. Tesla is the iPhone of the car industry. All other car markers are the keyboard phones Apple took out of business. Tesla is not a car company, it’s a tech company. Tesla is 5 years ahead of the competition with several moats. Autonomous driving, global supercharger network, worlds largest storage of lithium batteries to name a few. Two decades ago, Apple was on the brink of bankruptcy, and now it’s worth 1T (was). Although this bearish attack on Tesla may continue, Tesla stock has hit a bottom. Robo taxi network hitting the markets in 2020 - Teslas will “uber” people around while you are at work, allowing owners to earn a new income stream for doing almost nothing. Teslas airdrop updates, similar to a iPhone. My Model S updated overnight and I woke up to a list of 10+ new features my car did not have last night. Tesla will shift from a car valuation to a mobility as a service valuation in very near future. The market has been fooled by the bearish attack on Tesla and Elon Musk. The future is bright.
Correction is showing many similarities to 2016. ABC correction targets hit. Bounce + Subwave 2 retraced 61.8% of subwave 1. If the trend continues, we should see a typical wave 3 move higher.