Lovise
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chartpattern
indicator
trendanalysis
waveanalysis
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Weekly chart showing @TSLA HS-pattern confirmed by Elliott Waves since 2019. First min. target is 480-ish for the HS. This can also go many x the height of the head, so this is just a minimum. This is also Elliott Wave 3 in the smaller impulse wave of the larger cycle. Underlying though, is a much larger Elliott- cycle, where oct. 2019 - Jan. 2023 is wave 1....
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This reverse head and shoulder pattern will take NASDAQ:TSLA to a minimum of $485. This is leg 3 in the Elliot sequence. This leg might prove to become a lot longer.
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