Tesla
Long

TSLA setting up for extreme pain

TSLA is expected to close up the gap around $243 in the near term to unfold its corrective cycle, rejection of $240-260 settling lower under $214 will likely see selling pressure intensify towards $160 area where the C-wave is expected to complete this whole A-B-C corrective phase, tactically is more prudent to wait for this extreme pain to initiate core position around $160 with a stop loss at $144, if my stops got triggered I will wait for revisit 2023 low to reinstate my core long
Wave Analysis

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