Nothing changed since the previous forecast. $TSLA is likely in the middle of 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).
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Previous LT Forecast update: