What a ride - pun intended 😆-To The Moon - Tiger Brokers Online Investing Community - To The Moon

What a ride - pun intended 😆

@Barcode：$Tesla Motors(TSLA)$ Elliott Wave Theory is a method of technical analysis used to forecast financial market trends by identifying repetitive wave patterns in price movements. It suggests that market prices move in waves reflecting the psychology of market participants, alternating between periods of optimism and pessimism. In the case of Tesla (TSLA), the Elliott Wave analysis indicates a developing downturn characterized by a five-wave impulse pattern. This suggests that since the high on February 27, 2024, TSLA's price has been declining in a structured manner, with waves of selling pressure dominating the market sentiment. This analysis is a guide only. In the short-term analysis of Tesla (TSLA), based on Elliott Wave theory, the trajectory since the high on February 27, 2024, indicates a developing downturn depicted by a five-wave impulse pattern. Initially, following the aforementioned peak, wave 1 concluded at $160.51, succeeded by a corrective wave 2, reaching its zenith at $184.25. Subsequently, within this corrective phase, wave ((i)) concluded at $162.01, succeeded by wave ((ii)), peaking at $170.21, as delineated on the 45-minute chart below. Following this, the descent resumed, with wave (i) bottoming at $169.90, followed by a corrective wave (ii) terminating at $175.88. The downward momentum further intensified with wave (iii) extending towards $153.75, and a subsequent corrective wave (iv) halting at $159.79. Anticipate further downward movement as wave (v) unfolds, targeting approximately $142, thereby completing the wave.

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Anticipate further downward movement as wave (v) unfolds, targeting approximately $142, thereby completing the wave.</p>\n<img src=\"https://community-static.tradeup.com/news/af3be6c2e07a99ec97df85d0c0ebaf55\" tg-width=\"640\" tg-height=\"826\">\n<img src=\"https://community-static.tradeup.com/news/99931f976d66dcb50c2e87d1f6403a66\" tg-width=\"480\" tg-height=\"480\">\n<img src=\"https://community-static.tradeup.com/news/a2abf2fbcf6e2b2225af2cd93beaa109\" tg-width=\"480\" tg-height=\"384\"></body></html>","text":"$Tesla Motors(TSLA)$ Elliott Wave Theory is a method of technical analysis used to forecast financial market trends by identifying repetitive wave patterns in price movements. It suggests that market prices move in waves reflecting the psychology of market participants, alternating between periods of optimism and pessimism. In the case of Tesla (TSLA), the Elliott Wave analysis indicates a developing downturn characterized by a five-wave impulse pattern. This suggests that since the high on February 27, 2024, TSLA's price has been declining in a structured manner, with waves of selling pressure dominating the market sentiment. This analysis is a guide only. In the short-term analysis of Tesla (TSLA), based on Elliott Wave theory, the trajectory since the high on February 27, 2024, indicates a developing downturn depicted by a five-wave impulse pattern. Initially, following the aforementioned peak, wave 1 concluded at $160.51, succeeded by a corrective wave 2, reaching its zenith at $184.25. Subsequently, within this corrective phase, wave ((i)) concluded at $162.01, succeeded by wave ((ii)), peaking at $170.21, as delineated on the 45-minute chart below. Following this, the descent resumed, with wave (i) bottoming at $169.90, followed by a corrective wave (ii) terminating at $175.88. The downward momentum further intensified with wave (iii) extending towards $153.75, and a subsequent corrective wave (iv) halting at $159.79. Anticipate further downward movement as wave (v) unfolds, targeting approximately $142, thereby completing the wave.","highlighted":1,"essential":1,"paper":1,"link":"https://ttm.financial/post/298440503939248","repostId":0,"isVote":1,"tweetType":1,"commentLimit":10,"symbols":["TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":1334,"xxTargetLangEnum":"ORIG"},"isVote":1,"tweetType":1,"viewCount":16,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":23,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/298457426419848"}