TESLA WYCKOFF AND CUP AND HANDLE (AND ANOTHER CUP AND HANDLE!)

Tesla will form a triangle between 290 and 265. The triangle will break up from its midpoint at 280. Target is 360-380 before a bigger retracement. This uptrend will also finish the Elliot wave 5 from the close to 100 that we saw at the beginning of this year.

On a broader picture. Tesla is forming an even bigger cup and handle which I believe will go upp about 55% around the second half of 2024 with the presidential election coming up. My target for Tesla going into 2024 is 500 by the end of the year.

Happy New Year!
:)

THIS IS NOT FINANCIAL ADVICE!