Tesla
Long

Tesla Is Coming Into Support

Tesla made nice and clean impulsive five-wave recovery from the lows that is now followed by a three-wave A-B-C correction, which from Elliott wave perspective suggests bigger recovery.

Tesla is now coming down into a support as mentioned few weeks back. Looks like wave C is now at the support, deeper one is 140. Invalidation level is at 102.
bullishsetupChart PatternselliottwaveprojectionStockssupportTechnical AnalysisTrend AnalysisTesla Motors (TSLA)Wave Analysis

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