seems to me completing a Zigzag subwave of corrective wave 4.
taking into account the current market conditions:
1) US Factories shut til end of Apr
2) paycut and furlough on Tesla workers
3) Peaking of Covid cases in US still not certain
4) -701k NFP and 6.6m initial jobless claims
feels too bearish for the stock to maintain at these levels for now.
- i am a long term holder of TSLA - looking to enter at discounted prices.
taking into account the current market conditions:
1) US Factories shut til end of Apr
2) paycut and furlough on Tesla workers
3) Peaking of Covid cases in US still not certain
4) -701k NFP and 6.6m initial jobless claims
feels too bearish for the stock to maintain at these levels for now.
- i am a long term holder of TSLA - looking to enter at discounted prices.
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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.