UPDATE : Tesla is unfortunately not starting on the right foot. The price action since the low is NOT impulsive to use an Elliot Wave term. So this is very unlikely to be the low. I will be selling my $265 calls near $255 price levels. And then patiently wait to see if we drift down for the true wave 5 down to $187. Additionally, the Murrey Frame 1/8ths line is also down there, as well a the Red dashed P line from the last break out. So..... if this take is wrong, and we manage to leave the channel gate move above $260 I will update. Until then its prayers to offload these longs profitably, and reset lower. Comments always welcome. And remember, trading is hard work, Sometimes we fish for a long time to catch the tastiest fish in the sea. Bona Fortuna!
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Still on the sidelines waiting for $187. But that may get yanked as well. $156 is now on my radar. Either way. Nothing to do now but short, or stand to the side. 
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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.