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@Ultrahisham：
Better prices ahead for Tesla It looks like Tesla is always a topic! Yes people are excited because Tesla has gone up a lotsince it rebounded from the low 100s. But honestly, I am not even interested in Tesla at these prices. At these prices and these macroeconomic conditions, the price of Tesla at 200 dollars is just not worth it. I am putting it bluntly and honestly. Technically, the pattern that I believe Tesla is in is one where it is in an incomplete C wave of a wave 4 retreat. The C wave has only 4 waves and need another wave down to complete it. So that means it is topping or has topped and will correct to a possible double bottom or even reach around 92-95 dollars. So to answer the question, I do not think Tesla will even hold 200. 135-164 is a more reasonable buy at the 38.2-61.8% retracement. That will be good levels to start layering in for that fifth wave move up to new highs. If Tesla reaches 92-95, sentiments will be so negative noone wants to buy. But I will buy loads of Tesla if it ever gets to that price! And technically as well as macroeconomically it is possible. It just needs patience! Thanks for reading!
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