We can't ignore TSLA any longer...or maybe just a bit longer. As the chart below indicates, price is bumping up against the down-sloping Wave 3 to 4 channel line. If it can break above $250 it will clear the channel and issue an all-clear for the next target, the Wave 3 high @ $299 on July 19, 2023. Above that key level the next price target is Wave 5 and suggested by the Fib extension tool as $375. TSLA 240 Minute Trend Model These are the calls we recommended on Nov 14th in the PRO Service: A strict 50% trailing stop would have been just barely hit and if so, a close above $250 would be an opportunity to buy back in, either the March 2024 $280C or March 2024 $300C. CAUTION: All-In-Collapse "What we have learned since 2008 is that monetary policy does not have unlimited power over markets, but it does have unlimited power over the imagination of 8 billion gamblers. Therefore, until such time as the last fool is found, it can indeed appear as if monetary policy is unlimited. If the powers of monetary policy were unlimited, then China which has been easing all of 2023 would NOT have the weakest stock market in the world right now. And Japan which has been easing for the better part of three decades would not STILL be below the 1990 high." Link: https://zensecondlife.blogspot.com/2023/12/all-in-collapse.html
