Market Ended Week with Some Choppiness

Profit Taking in Magnificent 7 Stocks

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Today we will be covering...

  • Today, we will examine Tesla stock.

Tesla (TSLA) – EW & Cycle Analysis

  • Those who follow us for two years might remember that we caught major turning points in $TSLA ( ▼ 1.42% ), such as Apr’24, Dec’25, and Mar/Apr’25.

  • TSLA last week reached and exceeded our triangle projection and 40W cycle target.

  • It is due for a correction.

  • The $64K question is whether the black or the red EW count is operational. There is some vagueness there.

  • The debt and structure of the correction may help us eliminate one of the two alternatives.

  • The daily chart cycle composite also suggests that a correction is due.

  • The next trough is in early 2026, and then another trough in about mid-summer of 2026.

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