Overview: TSLA followed the expected path perfectly. However, due to my outlook on the broad market, I am going to do a little bit of relabeling. Let's review the expectations of the previous update:
Update: my new preference on TSLA, based on the structure of subwaves is that we are in wave c of (V) of C of (Y) of B.
Note that the count I published last week is still completely valid, but not my primary count anymore.
- There are different scenarios possible.
- For now, I see the most probable scenario as that we are in wave (X) developing as a zigzag with wave 1 of its first leg being almost complete.
Update: my new preference on TSLA, based on the structure of subwaves is that we are in wave c of (V) of C of (Y) of B.
