TSuth

TSuth

On the Chart, my primary count shows that Google is not quite done with SC Wave 1. However, labeled in turquois, is my ALT count which suggest we finished SC (I) and have started to head down for SC (II). Either way, rather my black prevails, or my turquois count is correct, we're headed lower. Turquois suggests we're headed as low as HKEX:20 , whereas black...

TSuth

I wanted to begin with the weekly chart on Microsoft. It has started to subdivide lower into its Cycle Wave II of SC Wave (III). The box I have marked is a very big target zone I know, but it is entirely possible for MSFT to fall this far and could possibly go even lower. However, the next move up after that will be a HUGE bull rally. That is the long-term...

TSuth

I decided to zoom out on Tesla to the Weekly time frame and label it from its public debut to today. Overall, it appears we have completed Wave IV, and began to climb higher in our Wave V. There is the possibility we haven't finished Wave IV yet and may have OML to make before the last jump in this SC Wave 1. This is represented as a turquois B in a yellow box...

TSuth

I want to start by thanking the followers I currently have and hope to build even more going into the future. I'm going to begin posting on a group of stocks over the next few days, and then once a day going forward into the future. These will consist of TSLA, RIVN, AAPL, MSFT, GOOG, AMZN, META, & the SPX. I may add or remove some depending on the needs/wants of...

TSuth

The 4HR AAPL chart posted here assumes we are in a SC wave 2. I believe we just finished another B wave and are about to embark lower in wave C. There is still room for OMH on negative divergence up to $170-171 area to hit our 1.786 of this move up. On the chart I have an arrow pointing to our next destination @ the 1.0 fib line with a box that states -30.69%...if...

TSuth

This chart is a mess right now but the important thing to know is I believe we are in our wave 4 of c and only need OML to be considered a complete count. The circle I made on the right is pointing out MAJOR fib confluence. The orange 0.618 is the from the ALL TIME LOW to the ALL TIME HIGH of Tesla. To understate this significance would be a huge mistake. We may...

TSuth

I'm not going to spend much time elaborating. If you have followed me for awhile you know this time has been coming. This box I have marked is what I am calling our bottom. Rather it be for a retrace or bull rally it will go up. I have placed a BUY order for 300 shares @ $11.15 so far. I plan to continue building this position for awhile. Feel free to ask...

TSuth

Tesla had a complete 5 wave impulsive move lower today as predicted. We should now "ideally" see a 3-wave structure retrace into the small box marked on my graph. Once we have that wave 2 top, I can then put more accurate projections together. At this point and time, it looks like we will have a wave (2) bottom around the 1.0 @ the $150ish region but could easily...

TSuth

That is the question. If this count isn't right then that means we have bottomed already in our wave 2 and are on our way up for wave 3 😬😬. I drew a retracment tool (blue) for A and a fib extension from A-B. If I'm right about the S&P then we should expect Tesla to drop pretty hard...possibly even precipitously. There is room for OMH, which looks possible, but...

TSuth

Nothing in my count has changed. I believe we will get a decent drop into possibly this afternoon/beginning of next week with a higher chance of the latter. When we finally do get a drop I will be able to give more accurate end points for this wave 5 of C. When we do finally bottom I think Rivian stock will take off. If it follows Tesla then I don't think we will...

TSuth

Tesla has had some pretty crazy price action as of late. At this point and time, I believe my count is still correct. We had a shorter b of B wave then I would have liked but such is life. According to my count we topped in our B wave @ $200.63 on Wednesday. On the chart I have drawn a fib extension from our A-B wave, and the 1.0 just so happens to be @ $146.90...

TSuth

So far Rivian is still playing by the rules. I have updated my count to reflect this latest move up. We could potentially go up to the $15 area before we resume our decline to our final destination. That would put us around the 0.5 fib line of this wave 3 retrace. Still patiently waiting for it to hit my target box before I buy any. Bonam Fortunam, --Tyler

TSuth

We hit my wave 5 of iii in my last post and started our retrace for wave iv. We've already hit the 1.0 fib line of A-B @ $13.5 so that could be all it gives us for a retrace. The next motive wave we embark on SHOULD carve out our bottom. I will update more frequently and with more detail as that time approaches. If my thoughts are right it should start to descend...

TSuth

Hopefully anyone who followed me with this trade has/had a stop limit set. Yes mine was triggered lower then the high, however, i NEVER want to be the greediest person in the trade. Following my rules I have set in place, I was able to capture 6.6% profit in 2 days. At this time I am now flat of any Tesla. If my count is correct then we should drop lower...

TSuth Updated 

So far this morning Tesla is behaving according to the count I laid out. We are supposed to be in B which is a 3-wave structure, however we are clearly making out a 5-wave pattern. This could just be the a wave of B of 2, but it is something to keep in your mind when we are approaching our local top as to the path Tesla will take next. I will try to remember to...

TSuth Updated 

As I stated in my last post we were almost finished with A wave of wave 2. Today we hit right in my target box and then started to retrace. I opened a long position of 30 shares @ $168.87. My stop limit is set at $171. I will be raising it throughout this count with a forecasted high of around $190. As we retrace higher I'll be able to provide more precise...

TSuth

Rivian barely made it into my target box today for our wave 5 of iii, however, it along with its retrace was VERY VERY quick. So, although one could technically state we hit BOTH targets today...that is not my primary analysis. I feel we will still work our way down and have a more solid move into the box. Still no trades on Rivian yet. I decided NOT to sell what...

TSuth

Not much to add with this post. I changed it to a line graph to help drown out some of the volatility and improve clarity. Rivian appears to have hit both my wave 3&4 targets since my last post. However, it was very quick and would not surprise me if we haven't actually finished Wave 3. Chart shows my targets and they haven't changed. We shall see what happens...