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$TSLA

Cash Flow Machine | Mark Yegge | Wealth Architect on $TSLA (Nov 2, 2026)

AI summary · Cash Flow Machine | Mark Yegge | Wealth Architect

TSLA is expected to complete a downward ABCD pattern to around the 130 level before a possible recovery, with more selling likely; a bounce today is uncertain. A cup-and-handle would offer a buying point near 410 and official purchase around 453, with a golden intersection possibly forming, but the speaker says not to rush.

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If you're looking at Tesla, a lot of people I know are looking at Tesla. I'm waiting for this small handle to appear on the graph. So, I drew that line there. If we get a "cup and handle" pattern, it means we will get a buying point at approximately the 410 level.

But it's a long way to get to the official point of purchase for the cup, which is around 453. Yes, there will be some early entry points along the way. It appears that a "golden intersection" may be forming on Tesla, but don't rush too much into Tesla.

Elon Musk says something will happen by the end of this year, usually meaning the end of next year because he is an alien from the future. He does not understand the concept of time because they probably do not use time in the future.

So, I think of Elon, he seems to know that all these things are coming, but he doesn't understand the concept of time. Anyway, that's what Tesla is all about. Of course, there's a rumor that SpaceX will buy Tesla or that there will be a merger , and it could be the complete opposite.

Nobody really knows. I think SpaceX will buy Tesla because of the voting rights, but you can see I've put a downward "ABCD" pattern, a lightning bolt pattern here. I think the stock will reach here, around the 130 level, before it might start to recover .

I think there are more sales happening there. Yes, there was an increase in trading volume on Friday, just like everything else. We might get a bounce today, who knows, but I think this downward ABCD pattern should complete . So, we will monitor that.

What this channel has said about $TSLA

Cash Flow Machine | Mark Yegge | Wealth Architect has 6 calls on this stock; only the adjacent ones are shown.

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