TSLA Weekly Harmonic Elliott Wave and Hurst’s Cyclic Analysis

Review:

Let’s review the previous update we had on TSLA (November 5th):

• Challenging to believe wave x ending this early.
  
• Wave x ending on Monday or Tuesday at 229.07 or 236.40.
  
• Started the second 80D cycle of the current 20W cycle.
  
• 20D cycle trough on 15th or 16th of November.
  
• 40D cycle trough on 1-4th of December.
  
• 20W cycle trough in the last week of December 2023.
  

Update:

Same reasoning as SPX and NDQ, I am doing some changes to both my count and cycles.

Analysis of the Structure:

I think wave 2 has already ended as a double zigzag (we were expecting a third zigzag to happen, so we are not really changing the count).
Right now, we are in wave (II) of a of 3.

513.59 is my target for wave 3 peak happening mid 2024.

Analysis of the Cycles:

The trough of October 31st was a 40W cycle trough and we are in the second 40W cycle of the current 80W cycle.

1. 40D trough on December 4th 2023.
   
2. 80D FLD will be crossed tomorrow and can generate a target of 285.
   
3. 80D trough on January 6th 2024.
   
4. 20W trough in the first 2 weeks of March.
   
5. 40W FLD suggests a peak will be in March.
   
6. 40W trough in June-July 2024.