IS TESLA SETTING UP FOR A MULTI YEAR BULL RUN?
Updated
2 week chart, let's break it down
Look at the RSI in the triangle pattern. It happened again in 2013 and price rocketed after we broke the upper end of that channel
I believe a similar thing is about to happen.
When you combine this with the golden cross that just formed on the Stochastic RSI, we are seeing momentum slowly shift.
It will take a period of about 1 - 4 months, but your worst case scenario is...
$165 is the bottom and we potentially rally from here to the 500s
You're only downside in this scenario is
1. we reach $500 by 2025
2. trade sideways between $500 and our previous all-time high of $415
3. then we correct with the rest of the stock & crypto market in the 2026 bear market
4. before bottoming out at $200 then going on an incredible run from 2027 to 2030
As Tesla investors, we need to be prepared for 2027 to 2030
1. When Interest Rates will be astronomically lower
2. Cybertruck is in full volume production @ 250K Cybertrucks / year.
3. The Model 3 & Y refresh are the most popular cars ever
4. the $25,000 Tesla is in full volume production and is championed as Tesla's "iPhone 4 moment"
5. The value of Energy, FSD & The Tesla Optimus Bot is fully realized in the valuation of the stock price, as well as the tailwind it will provide to earnings
6. Gigafactory Mexico + India & the Lithium Refinery in Texas are open for business, The Gigafactory Nevada expansion is complete & Tesla Semi enters Volume Production
----
Overall, if y'all Tesla Investors can fully stick through 2024 - 2027, you will do incredibly well in 2027 - 2030!
Look at the RSI in the triangle pattern. It happened again in 2013 and price rocketed after we broke the upper end of that channel
I believe a similar thing is about to happen.
When you combine this with the golden cross that just formed on the Stochastic RSI, we are seeing momentum slowly shift.
It will take a period of about 1 - 4 months, but your worst case scenario is...
$165 is the bottom and we potentially rally from here to the 500s
You're only downside in this scenario is
1. we reach $500 by 2025
2. trade sideways between $500 and our previous all-time high of $415
3. then we correct with the rest of the stock & crypto market in the 2026 bear market
4. before bottoming out at $200 then going on an incredible run from 2027 to 2030
As Tesla investors, we need to be prepared for 2027 to 2030
1. When Interest Rates will be astronomically lower
2. Cybertruck is in full volume production @ 250K Cybertrucks / year.
3. The Model 3 & Y refresh are the most popular cars ever
4. the $25,000 Tesla is in full volume production and is championed as Tesla's "iPhone 4 moment"
5. The value of Energy, FSD & The Tesla Optimus Bot is fully realized in the valuation of the stock price, as well as the tailwind it will provide to earnings
6. Gigafactory Mexico + India & the Lithium Refinery in Texas are open for business, The Gigafactory Nevada expansion is complete & Tesla Semi enters Volume Production
----
Overall, if y'all Tesla Investors can fully stick through 2024 - 2027, you will do incredibly well in 2027 - 2030!
Note
Hi all, I want to give more clarity around the 83 Bars (1162 Days) I drew on the original chart During 2013-2016, it took 83 bars to go from an extremely overbought RSI reading to a "bottoming out" area where price settled before going on another bull run
It looks like Tesla is in that exact same phase with an end date of March 22, 2024
I also mentioned $165 being a key level as we created that back in August 2020 as resistance & flipped into a support structure that was respected during November 2022 (as resistance) all the way to May 2023
BIG CHANCE $165 IS HIT BETWEEN NOW & MARCH 22!!!
IF SO, I'M BUYING THERE & GETTING EVEN MORE READY FOR 2027 - 2030 THAN I ALREADY AM!!!!
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