Tesla Are we pushing down to 249 or 241 ??? Good morning Trading Fam
A quick update with Tesla , we did not a see a break up into our buy zone and now a correction or more is in place to 249 or 241. However beware this is either a correction or a bigger move down which currently we need more info to figure out before we make that thesis.
Enjoy the video
Kris/ Mindbloome Trading
Trade What You See
Tslabearish
$TSLA Short wave 3 From a broad perspective, $TSLA has just completed its corrective abc pattern wave 2 from it's initial wave 1 impulse drop. At the end of the trading day Friday 9/18 the market is looking like a sell-off. If Tesla follows suit with a gap down on Monday, we could be in the Cycle wave three and expect another impulse wave down below the initial wave 1. I am targeting below $325 for wave 3. This will happen fast. My theory would be invalidated if we break above $460.
This wave 2 that just ended looked like a major rally so expect something similar, though more flat for Wave 4. Ultimate wave 5 target could reach sub $200 or $195. Good Luck.