Tesla
Updated

$TSLA Poised For Higher Near-Term

231
TSLA - The rebound from the lows remains corrective thus far. A potential Double Zigzag within a larger downtrend.
Trade active
TSLA - We can project near-term strength towards the $260s range if the Double Zigzag holds true. Thereafter, the larger-degree downtrend will resume, taking prices back below 210.
Trade closed: target reached
TSLA - The rally has extended beyond the common equality projection between two corrective subwaves. Price is now closing in on the 1.618 projection multiple at 290.

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