Final Count Down!
If my thesis is correct then Tesla topped out in it's wave 4 @ $233.80. In the chart above I have an ABC retrace suggesting we should get OMH up to $227.01-229.60. This is not required for the count, I just think micro-wave 2 will cut more into micro-wave 1.
Afterwards we should be headed down for our micro-wave 3 of sub-wave 1 of Primary Wave 5 of C Wave...what a mouthful. Hopefully sub-wave 1 should end around $212 for a retrace to around 220ish.
Overall I'm looking for a bottom to Telsa around $180-185. I have given more room in my box then just a $5 window, however wave 5 typically ends at the 1.414 Fib line of Wave 4. As long as we do not breach $233.80 this count stays intact. At that point, it will be an AMAZING entry point into Tesla if my count is correct!! Good luck to all.
👑💰TEAMWORK MAKES THE DREAMWORK💰👑
~Tyler
Afterwards we should be headed down for our micro-wave 3 of sub-wave 1 of Primary Wave 5 of C Wave...what a mouthful. Hopefully sub-wave 1 should end around $212 for a retrace to around 220ish.
Overall I'm looking for a bottom to Telsa around $180-185. I have given more room in my box then just a $5 window, however wave 5 typically ends at the 1.414 Fib line of Wave 4. As long as we do not breach $233.80 this count stays intact. At that point, it will be an AMAZING entry point into Tesla if my count is correct!! Good luck to all.
👑💰TEAMWORK MAKES THE DREAMWORK💰👑
~Tyler
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.