Tesla’s trillion dollar valuation is fast approaching

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If you do not mistake me, this is where you make mistake, expecting a wrong correction wave, The point B will be around 850 range and Point C will be above current low and below point B.

And it must happen in next pull back, but not at normal times.

This must be like this ^GSPC…

image

I see you didn’t read the chart again… TSLA is on its own wave count. Since it is in Cycle degree corrective wave as opposed to SPX Primary degree corrective wave, you can’t use GSPC count. They may move in the same general direction but details differ. Please note that wave b (refer to my chart), can be higher than wave I (you should know by now this fact… wave b of an expanding flat, running flat and an expanding triangle can be higher than wave I/III)… this is an important point… it governs where the price points of subsequent decline… I have to harp on this repeatedly…

I cut n paste previous chart and added the abc that you wanted… understand? Don’t make me put more details into the chart of TSLA… is not my focus… try to visualize :slight_smile: I know you are not this class of learner but try…

I totally understand what you displayed and trying to match $400-$500. I am sorry to say again here, Your TSLA wave theory is not correctly visualized.

TSLA’s lowest is $619 (Feb 23, 2021) and will jump up from here and unlikely touch back the same $619 in future. Let us wait and see next 360 days.

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How can this be the lowest if GSPC will go much lower by end of the year? Unless you disagree with Master WU too.

Btw, is possible that wave b will go above $900 and even over $1000 :slight_smile: but… wait till end of the year.

Frankly, till now, you didn’t say what wave is $900? That will determine subsequent waves… I say is Cycle degree wave I. Ofc, my estimate of when Cycle II could also be wrong… I have presumed it will bottom around the same as GSPC as predicted by Master Wu.

Master WU’s next correction possibility, I do not dispute, but that is too far away with unknown date set.

It is just like telling AAPL will touch $100, but if AAPL reaches $250 will it comes to $100 when GSPC corrects? Just showing an example with AAPL…

Actually is possible. During Sep-Dec 2020, the congestion area for AAPL is ~$100 while for TSLA is ~$450. For AAPL, it depends on whether fifth wave is extended or not… won’t know now since it is in wave first wave.

Master says is Mar 2022. So TSLA ~$450 around then.

Today itself I lost, TSLA touched $614 !!

$606.06

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:rofl:

Diamond hands or paper hands?

:diamond_shape_with_a_dot_inside: :raised_hands::diamond_shape_with_a_dot_inside: :raised_hands::diamond_shape_with_a_dot_inside: :raised_hands::diamond_shape_with_a_dot_inside: :raised_hands:

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@hanera what’s this kondratieff wave cycle?

http://www.kondratieffwavecycle.com/bullish-sentiment-extreme/

Heard of it but didn’t find out :slight_smile:

Elon cannot commit to India factory unless he has Ok from European Engineering and that is now busy with Europe and China. No more hype left.
India should know this from Japan all the way 200 years back.

Title may have to change… look like might be reaching ~$450 faster than I thought… below $600… $564 now. Everybody are selling to buy RE??

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My last purchase was Filled at $543.7246…today. You know what did I do? You hate it, sold AAPL (as it was not corrected from my original price) and bought TSLA with it…

Ha ha ha,even this time, I could not hold AAPL !!!

I can change the title “WQJ NW goes to 5M or 25M which comes first soon?”
WQJ may also be adding more shares of TSLA after selling his RE…to become 100M soon…

Think of this, had he sold TSLA at $880 (or covered call nicely), and bought below $550 he could made 25M easily…His NW would jump 35% easily with single swing trade. like Cathie is doing…