Tesla to $1384 near Mar 2022

11 dic 2021

Purple horizontal lines represent reverse fibs from $75.57 to $35.40 using all fibs 5,8,13,21,34...
Channel is simply $189.10, $189.70 and the high of Feb 10's high of $193.80, then cloned and stacked. Look for reversals/support at these points.

Tesla looks good toward $1384.09 near Mar 2022 where we can expect a pause or slow reversal/correction.
In the interim we should look for a 3-3-5 correction with a lot of complexity bouncing between $868 and $1200.
I don't think we'll get beyond $1250 until it's ready to push to $1384. $1384 is the next target.
To keep this bullish we don't want to see prices CLOSE lower than $773, long wicks are ok.
The yellow box (2) is a clone of the blue box(1), just so we can get an idea of this correction compares to last.

8 mar 2022

Nota

Bearish short-term still in a correction.
We'll revisit $700 again with a closing candle near $700, spiking candle lower than $700 is a possibility; the Aug 21 long spike candle near $500 in the 2nd quarter but hopefully we won't see a close below Fib 13 at $551.

23 mar 2022

Nota

Big push up is very promising and typical after a 5 wave decline. look for a pull back, ARKK probably looks good too

6 mag 2022

Nota

expect more sideways movement, keeping weekly CLOSE above 773 is still bullish.