I get very nervous making posts about tesla. I feel like saying anything negative about it will get me dragged out somewhere. Now that I say that I kind of want to make a post that paints it in a very bearish light just to spice things up a bit. That's probably a sign boredom is creeping in.
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I was going to see if I could do some wave counting and labeling to continue my mastering elliot waves series. I know those posts are almost impossible to digest, so you're welcome. Also, I'm going to continue posting them, just not today.
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So basically the naked eye of mine is seeing these repeating patterns, and so I dug into them a little bit to see exactly how they are different and similar and what that might mean about the future direction of price. My conclusion is that the price might very well double. Wild claim! I am thinking if it manages to take out any of the lower highs without losing the current support then it will be looking very likely to chart new territory. Otherwise, if we lose the current support then price will probably spend some times in no mans land. Much like it has been.
Considering the public perception of tesla it's difficult for me to see it shrinking. To me that is the ultimate gauge for future of a stock. I feel like anyone who has a tesla is generally really happy with that purchase, and everyone who doesn't have one probably hasn't been in the market for a new car/doesn't have the means to acquire one.
If self-driving could only achieve one thing, and that one thing was the elimination of road-rage, I think the world would be a noticeably better place. Driving is one of those things that really hammers in the idea that life is indeed a b****. Driving f***** sucks. I'm aware modern civilization is dependent on it. Does it still suck? Believe it.
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I was going to see if I could do some wave counting and labeling to continue my mastering elliot waves series. I know those posts are almost impossible to digest, so you're welcome. Also, I'm going to continue posting them, just not today.
--------
So basically the naked eye of mine is seeing these repeating patterns, and so I dug into them a little bit to see exactly how they are different and similar and what that might mean about the future direction of price. My conclusion is that the price might very well double. Wild claim! I am thinking if it manages to take out any of the lower highs without losing the current support then it will be looking very likely to chart new territory. Otherwise, if we lose the current support then price will probably spend some times in no mans land. Much like it has been.
Considering the public perception of tesla it's difficult for me to see it shrinking. To me that is the ultimate gauge for future of a stock. I feel like anyone who has a tesla is generally really happy with that purchase, and everyone who doesn't have one probably hasn't been in the market for a new car/doesn't have the means to acquire one.
If self-driving could only achieve one thing, and that one thing was the elimination of road-rage, I think the world would be a noticeably better place. Driving is one of those things that really hammers in the idea that life is indeed a b****. Driving f***** sucks. I'm aware modern civilization is dependent on it. Does it still suck? Believe it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.