rph2750

TSLA Heading Down. Wolfe Wave completed. Target 660 around Wed

Short
NASDAQ:TSLA   Tesla, Inc
Bear WW following course. Made a perfect point 5 with a volume surge and reversed. Often Wave 4 to 5 is straight up, but if it takes a pause as in this example, then you have two targets (red and green lines). One is aroun6 660 and the other is much, much lower below 500. I sold naked calls at 900 in June, so I will remove one when TSLA gets to 660 and hold the rest till TSLA craters. There may be smaller WW retracements along the way on shorter time frames that allow us to ride this wave further down. Expectation is that TSLA will drop significantly tomorrow or Friday