Hi YXI friends,

Please review today’s chart analysis on TSLA, SBET, NBIS, OSCR, and ADBE.

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Table of Contents

S&P 500 (SPY ETF)

SPY trades at a 23.6x forward PE, a similar level to the 2021 peak. This warrants caution for long-term investors.

SPY’s high valuation is entirely supported by a high expected EPS growth rate (i.e. 10% or so), which puts the PEG at 2.4.

If the EPS growth rate deterriorates in this earnings season, we could see PEG moving higher but the Price and PE moving lower.

1) TSLA

TSLA VS G5 M2 Money Supply (11 Week Lead)

TSLA has recently plateaued after Elon’s share purchase, coinciding with a brief decline in the G5 M2 Money Supply.

However, heading in to earnings, the G5 M2 lead becomes favourable again for TSLA’s next phase of rally.

2) SBET

SBET appears to be in wave c of (ii). If it tests the 100% extension of wave a from the wave b high, SBET could bottom around the $11 handle.

The large volume profile in the current price range suggests heavy accumulation of shares, which will provide a strong base for the next liftoff in wave (iii).

Wave (iii) could target $130 again.

2.5) Promotion: Crypto ML Signals, Advanced Analytics

Crypto Machine Learning

I run a daily machine-learning model service on Slack for Bitcoin (BTC), Ether (ETH), Solana (SOL), Coinbase (COIN), and Robinhood (HOOD), hosted by Cestrian Capital Research.

As of October 8, 2025

Liquidity and Market Analytics

I have also been using advanced crypto analytics for crypto (including alts) on RJ Alpha Dashboard. I am their first official business partner.

CLI as of October 20, 2025

Today’s CLI chart suggests caution in the latest crypto bounce. There could be further price declines in BTC following the CLI lower.

3) NBIS

NBIS enjoys a large following on X.

While I have no read on its fundamentals, NBIS’ price technicals appear in a strongly bullish uptrend.

The current retrace appears to be wave (iv) of circle-iii, which likely finds support above the 50-day.

You can almost tell that the stock is in a wave-3 by the number of unfilled upside gaps.

4) OSCR

Having completed the initial 5-waves up between August and October, OSCR is currently in a pullback. There is reasonable chance it could test the $17 handle to complete the entire 3-wave pullback.

5) ADBE

ADBE Valuation

ADBE trades at a very low valuation level compared with its recent history. This suggests the market is extremely pessimistic about its growth trajectory and the threat of AI.

However, the extreme pessimism may find a bottom at $300, where we see 5 waves being sufficiently complete in wave c.

Referals

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