Tsla, Correction is not over yet, These are just subdivisions !
Updated
Try not to get excited !. This bullish movement will be terminated at around 630 and maximum 650 if not terminates at current price. Tsla will fall below 500 so market gave another chance to go short if still you kept your whole position.
As clear in the chart , Tesla is revealing internal structure of the down going wave 3 or C. Currently it is making wave 4 of 3 of C or 3. It means two legs down with one leg up in between is still remained to complete the down going wave.
After completion of wave 4 of 3 or C and get 100% confirmation , final targets can be estimated more precisely. I let you know my updated idea when appropriate time arrives.
You may be interested to check out my previous ideas about Tesla, Links are provide below.
Good luck everyone.
As clear in the chart , Tesla is revealing internal structure of the down going wave 3 or C. Currently it is making wave 4 of 3 of C or 3. It means two legs down with one leg up in between is still remained to complete the down going wave.
After completion of wave 4 of 3 or C and get 100% confirmation , final targets can be estimated more precisely. I let you know my updated idea when appropriate time arrives.
You may be interested to check out my previous ideas about Tesla, Links are provide below.
Good luck everyone.
Note
Tesla is fighting 0.382 Retracement resistance and facing problems.Note
It seems TSLA lost the battle against first strong resistance.Note
Stochastic indicator is making bearish reversal near overbought zone.Note
Did you use your chance to go short following prediction?
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