Nothing changed since the previous forecast. $TSLA is likely to start a long and strong multi-year rally. Next target – $1100 in Q1, 2022. More long term targets on the chart and below.
The chart is designed using the Elliott Waves, Candles, and TA.
Long Term TARGETS:
- Q1, 2022 – $1100, +62% off the baseline.
- Q1, 2023 – $1700, +150%
- Q2, 2024 – $2000, +195%
- Q4, 2024 – Q2, 2025, $2500, +270%.
After wave V, expect a sizeable correction, at least 23%. The actual length and the depths cannot be determined now.
The chart will be updated regularly (monthly, quarterly).
Follow the blog on Twitter @InvestingAngles or by email subscription.
As tweets are often buried among the other tweets on the topic and one is looking for regular updates, I recommend that you to sign to the email updates in the blog – every single post will be automatically sent to your inbox.
Starting in August, I am planning to introduce Premium Content in my blog. The weekly, monthly, and long term analyses and charts will only be available for the premium followers and subscribers for a very humble fee of $10 USD.
The next update to the forecast will be Premium Content.
Previous LT Forecast update: