Tesla has climbed the 1.62 fib level, this could be a possible profit taking level. Next step of this rally could be $2,000+
However, if we stop here - we may possibly dip down towards $1,000 (wave-4) before heading back up.
(Note: Please ignore the markings for wave-4 and wave-5, they'll be finalized as we conclude wave-3)
What do you think about this idea? Leave your comments below.
Disclaimer: This is not a financial advise. Please make your independent decisions while making an investment.