Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
TSLA Roadmap - Watch out for trend reversal
Tesla
Short
TSLA Roadmap - Watch out for trend reversal
By megaman101
Follow
Follow
Dec 20, 2019
4
Dec 20, 2019
Be careful buying here. Wave 5 may have completed, watch for signs of ABC reversal to the 61.8% fib at $336.
Revised my previous chart and target of $460 down to $413 as we moved too fast without any consolidation moving into wave 5.
This is based purely on technical analysis - despite TSLA's good fundamentals, nothing goes up in perpetuity. A reversal will come.
As always DYOR - follow my charts at your own risk.
Fibonacci
Technical Indicators
tesla
Wave Analysis
megaman101
Follow
Related publications
TSLA Roadmap - All signs point to buy
by megaman101
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
.