Tesla on its way to 500
TSLA Telsa finally entered in the strongest Elliot Wave there is: iii of 3 of (3) ..... almost nothing can stop the stock now (!)
Additional weekly 3 candle pattern made a "Mornign Doji Star", also a very bullish occurence: normally we see a trend change in 78% of times and according to Bulkowski - And the height of the pattern was huge - So expect a very strong coming Rally ..... last week was only the Start!
Also in weekly Candle pattern we can see a Bullish Engulfing - Strong down after 10/10 Event and this week a rise of 27% - This is a very seldom strong Bullish Engulfing and we can expect many weeks of rise into Year End in my opinion!
Friday we went over the Neckline of the INVERSE HEAD&SHOULDER - The target points to 500, which gives us a new ALLTIME HIGH (!)
And if Elons prediction of 25% to 30% growth will Happen next year, Profit will increase by 50% ….. WHICH GIVES THE TESLA STOCK A RISE OF MINIMUM 100% next year (!)
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FINALLY: CONFIRMATION YSTDY INVERSE HEAD&SHOULD TARGET 500 (!)
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HUGE Bullish Engulfing Weekly Candle ......... we will see very strong upside into Year End especially with this Inverse HEAD&SHOULDER!
Only interested in longterm Stocks which I could hold most likely forever (!) Looking for the next 100-Baggers ....
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