The Bubble Index: TSLA – February 10, 2014

The stock of Tesla Motor Company (TSLA) seems to be undergoing some interesting price action. Visually, it looks like a 5 wave Elliott impulse. The Bubble Index has been doing some interesting things. First, 153 and 256 day index predicted the top of the 3rd wave. It now appears that the 336 and 512 day index is predicting the end of the fifth wave.