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roaken
Apr 28, 2022 9:21 PM

TSLA - Looks like an ABC correction to me Long

Tesla, Inc.NASDAQ

Description

Looks like a very clean Elliot Wave. That being said, looking for the ABC correction before moving to new highs. I'd expect a bounce at the .5 FIB level as well, but not enough to break wave B. The .618 looks prime for a bull market bounce with aligning FIB level on major all time high support level of $492.

Comment

This idea is 100% on track. 492 strong buy order

Comment

Also, 632 respected, but with such strong downward movement, 492 still seems more likely within days
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