MtICHI

two scenario both ends @ 25$ ,believe it or not

MtICHI Updated   
NASDAQ:TSLA   Tesla
please see chart on daily time frame
we may have seen a head and shoulder pattern is underway to be completing or we may face with fifth wave of an impulsive wave to be complete.
green line breaking will specify which scenario will happen
if green line breaks stock will rise to 500-600 $ and then go to 25$
if green line holds ,head and shoulder completed and stock go to 25$
a wolfe wave is also seen between head-and-shoulder-like pattern which is indicating upward move is more probable.
targets of upward move is 123-161% inverse Fibonacci retracement of wave (iii)-(iv)
please share your comments
Comment:
Tesla is up slightly in afterhours trading Wednesday evening after the company beat Wall Street targets for fourth-quarter revenue and profit despite a sharp decline in vehicle profit margins. Additionally, remarks in the report sought to reassure investors that it can cut costs and continue to generate cash as competition intensifies in the year ahead.

The company said revenue was $24.32 billion for the three months ended Dec. 31, compared with analysts’ average estimate of $24.16 billion, according to IBES data from Refinitiv.
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