$725/$970 = 0.75
$300/$327 = 0.92
in a blink of eye, TSLA had pull back 25% 
and bounce back to $800 (you said). Better be sure is not technical re-bounce because it recovered 31% only, need to recover at least 61.8% to be a possible resumption of rally.
The 61.8% (Fibonacci number) is like thumb rule. It does not mean it is wrong, but it is not accurate.
If you really understand fundamentals, you will see the difference between AAPL and TSLA now.
AAPL is heavily depended on 1) China Supply Chain and 2) appx 19% revenue from China.
TSLA may also get issue on Chinese order Market, but not heavily depended on China manufacturing but parts alone.
When TSLA follow on release is made at $767, premarket was $725 and regular market priced $800 above follow-on price. This means market pricing TSLA higher even after diluting the shares and market sees better potential on growth.
There is a fundamental change they foresee in future,Unlikely drop further. TA (MACD & RSI) will not properly work when fundamentals are puling up or down.
Market will price them accordingly. On any case, I will buy both AAPL and TSLA dips, but need to time the purchase.
Reasons are excuses, thought you know? Usually a stock breaks out due to valid fundamental reasons, however as it rockets, it becomes momentum 
Is a judgement call as to where is the price level that change from fundamentals to momentum. At momentum phase, no need to consider fundamentals.
Your TA knowledge is limited to MACD and RSI? Those indicators look straightforward but there are subtlety in applying them 
Read up more 
You two guys force me to do a little counting.
Chart below is not a prediction, just counted some obvious waves. Labels may not be accurate. Assuming you’re correct, then $968.99 is completion of Primary degree wave 3.v, now in Primary degree wave 4 which may or may not be completed. That is, there should be one more up trend, Primary degree wave 5 
Of course, $968.99 could be wave 5 - I don’t know since I didn’t examine the wave pattern from $327.10 to $968.99 in excruciating details.
Quoted it so you can’t change the $400 number. After glancing at the wave pattern at more details, $400 is possible if $968.99 is the completion of wave 5 or wave 5 is not much higher than $968.99 or wave 5 is a truncated wave 
. Not asking you for a treat should that happen since you would have lost a bundle. However, the probability is low
The Elliott Wave Principle posits that collective investor psychology, or crowd psychology, shifts between optimistic and pessimistic extremes in natural sequences. These mood swings create patterns evidenced by market price movements shown in varying trends or time scales (weeks, months, quarters, etc.).
Frozen and acknowledged now ! Let us see in the future !!
Deal, whoever looses treat the other party (+Friends who joined last time) at some restaurant when you are in bay area !
You lock me at a low probability of winning? The probability of revisiting $400 is low 
Not Necessarily for $400, even your price of $594.50 is too low that it will not reach unless recession (20% or more S&P drop) comes.
Both TSLA and AAPL informed the impact of China Coronavirus.
You can not predict TSLA with any TA as it has momentum
Since when I predict TSLA would go to $594.50?
Cut n paste what I have said and chart. Which statement indicates I made that prediction?
Care to rewrite in your own words what I have written below (para and chart)?
From your comment, you don’t know TA at all or you don’t understand what I have written. I now declare TA is not for you. Do you view TA as deterministic? You know the definition, you know how to compute it but don’t know how to interpret it correctly. Human psychology is not deterministic i.e y = f(x), put in x, you get y. You put in x, sometimes you get y1, sometimes y2, sometimes y3, … However, you can figure out the probable range of responses for a crowd. Definitely, no way you can do a pinpoint precision prediction. Your complete lack of understanding of TA is pretty shocking
Let it be, no issue!
When both TSLA and AAPL warned about Coronavirus, aapl went down and TSLA went up.
It is based on fundamentals but not technical play.
Definitely I understand how much you do NOT like the way stocks are behaving today.
If you understand fundamentals, you won’t be surprised.
For me, AAPL and TSLA is behaving same way I expected.
Few days before expecting AAPL May come down, I sold some shares. Today, I placed limit orders to buy. Instead of DCA, I just trade.
I sold partial AAPL at 324 grabbed more AAPL at 315 today. This is based on my technical indicator that comes out of fundamental changes revenue reduction.
I gave up, don’t think you ever understand EW and timeframes. Talking in different frequencies. And ignore a lot of things I have said. Allow me to repeat…
Anyhoo, didn’t spend time monitoring both TSLA and AAPL closely, only because @manch and you ask. If you don’t know what you have said is completely in a different timeframe that I have said then don’t bother. Need to go back to look at my focused stocks. FOCUS!!! FOCUS!!! Focus is saying NO, NO, NO to many outstanding stocks.
Your logic is TSLA is rebounding from the 25% decline i.e. $725 from ATH, hence is in a great upwards momentum. And AAPL is declining from the ATH of $327, hence is weakening due to fundamental reason of coronavirus. Selective price point of reference?
I already said it is fine, we are far apart on TA, you have EW, but I have my own.
Not selective point of reference. Understanding the fundamentals (and my technical logic), I sold some shares of AAPL few days back at $324 and bought half of it at $315.
If you clearly understand fundamentals how it works, you can better mint more money. Had I been like you, I would not have sold, but would have placed covered call with AAPL to gain more money. Nothing wrong in making some free money understanding how fundamental works.
Huh? I don’t trade AAPL. No buy, no sell, no option. Blindly hold forever until some BIG fundamental changes such as change in CEO/CFO, trying to coverup, refuses to self-cannibalize, acute executive discord, sudden change in business/product strategy. In AAPL thread, wasn’t talking about AAPL when I said trading portfolio.
OMG. TA has FA as the basis. Price is the mechanism. For short timeframe that you are trading at (I don’t trade at those short timeframes, I mentioned like few thousand times, position trading), TA at your short timeframe means gauging price changes by assessing psychology of the traders in evaluating the new fundamental changes and current momentum. In other words, you are using TA!!!
You can not trade at all AAPL. For me, I like with good rev/earning/cash flow and growing 5G space. All I aim is to get some AAPL and profit. When AAPL is just 15% from my original purchase price, then I will hold. MAGA is well established stocks, unless the fall big, I do not plan on buying bulk.
I would rather hold BYND or TSLA than buying MAGA at peak.
That is because you’re still in a wealth accumulation phase. Jim Cramer and me are at wealth preservation phase.
Cathie Wood, the Best Investor You’ve Never Heard Of
Good and Be Happy !
Ark Innovation ETF is actively managed. You can go to website, subscribe their email listing. They will daily send you what they buy and what they sell. They buy high risk/high reward assets and the trades are wild.
165% over three years? or p.a.? Very impressive if p.a.
If over 3 years, means 38% (presume 165% is gain). Guess bulk of the gain is last year.
Let’s whether can maintain performance for the next 7 years. Bill Miller has outstanding performance for 10 years and then …
What is 2019 gain? Trump min is 50%, he expects 70-80%.
Bulk of the gain is this year. Ark filed with the Securities and Exchange Commission on Jan .31, the firm disclosed that it sold 450,622 Tesla shares in the fourth quarter, cutting its holdings to 721,988 shares.
They are aggressive and see their holdings.
Musk = sociopath
