TSLA's Elliott Wave Count Points Towards the Next Rally to 520+

Thus, both MS’s and our forecasts were correct: lower prices around $15-200 followed by much higher prices (at least $430). We got $214 and $474 so far.Elliott Wave’s Road MapWhile MS’s forecast of $800 doesn’t specify how it will reach that target, the EW can provide insights. Specifically, based on the internal price action, we believe TSLA is forming an ending diagonal (ED) fifth wave. In an ED, the larger waves, in this case, black W-1, 3, 5, often comprise three waves: red W-a, b, c. Moreover, the W-a ...