Tesla update

yeah at this point, we are kinda stuck in this triangle with relatively small corrections. I don't think we will fill the gaps in the mid 1200s unless there's short-term bad news, like not getting included in the SP500 for some reason. I am gonna try to buy some in the 1430s and just go long with it.

Hi @cryptowaveman Thanks for your analysis - can you point me for a source that describes your theory? I am more on the short side but would like to understand your argument. Many thanks!

@MK5G, no problem. It is Elliott Wave Principle if you want to get the basic idea from google. If you want to go deeper, I like this group and good information here https://www.elliottwavetrader.net/elliottwavetheory/webinars.php

@cryptowaveman, Many thanks for this! I will have a look!