Tesla appears to be correcting the 2022 top in an expanding flat to reach the missing volume at about 80-90. There is a match with the expanding wedge. Soon the wave 1 will end and the retracement in wave 2 is expected to be 50% and reach 350, at which it is time to exit or maybe even short. The PE is over 100 so a correction seems reasonable. Maybe as the correction ends next year, the selfdriving cars and optimus has a breakthrough. Tough competition from BYD
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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.