We have flying cars folks! At least cars with cold-gas rocket thrusters, like the Roadster that Tesla demonstrated recently.
And when you look at the chart of Tesla (TSLA), which is reporting earnings this coming Wednesday, there’s actually an awesome forecast up ahead that we could thrust up to (pun intended). Let’s take a look!
Tesla’s Downtrend Has Included Bursts of Upside Action
Tesla has been overall in a big downtrend since December 2025. It attempted some recovery in May but has really just remained in this overall downturn. However, it has had significant bursts of upside action, and we could be on the verge of one right now.
The beauty of what I’m seeing on the chart now is that it’s an amazing meeting of my trifecta: price, time, and momentum. As I addressed in this weekend’s Lost Forecasting Get It Done sessions (members, recordings are in your portal here https://himareddy.xperiencify.io/lost-forecasting/all-replays/), price action is king, time rules right beside it, and momentum is a great additional tool.
What Price, Time, and Momentum Are Showing Right Now
When we look at the price action right now, we have the beginnings of the formation of a higher price low versus the September 30 low. That’s the first factor that has me thinking further upside may be ahead.
When you look at the market timing, or forecasting, I’ve actually drawn out a forecast based on my Lost Forecasting techniques. It’s for Tesla to trade up to $392.01 by October 27.
Now, here’s the thing: the underlying cycles that drive forecasts can change. So if you don’t know my Lost Forecasting techniques, you’ll want to be careful about trying to trade anything around that forecast.
And last but not least, with momentum, there’s actually a pattern setting up where you can calculate an upside objective. It’s not 100% done yet. We need today’s close to unfold, but those of you who use my RSI Power Zones can keep tabs on that for yourselves.
Watching What Unfolds Around Earnings
It’s a really exciting time to be alive with what technology is bringing us, not just with AI in the digital world, but out in the physical world. Let’s see what unfolds on the Tesla chart and how it reacts to earnings.
And remember, the more different types of data you use to come up with your next price target, the greater the chance it will actually unfold. No guarantees, but just a higher probability.
🚨PS — Last Call! Doors to Lost Forecasting Close Tonight🚨
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