mazdaki
Short

TSLA- Are we in the corrective stage of an Elliot wave?

NASDAQ:TSLA   TESLA INC
60 2 0
on the long term weekly chart, it looks like we may be close to the end of the Bull run inTSLA. Is the stock heading back to wave IV position and $175/share or is the current uptrend going to continue until wave I equals wave V with a price target of 330?
We are the cross roads now. Either, TESLA will sharply move up or down, to move down. good idea to close the short position and open long position with tight stop.
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We are at the cross-roads, now. Either, TESLA will move sharply up or down. it is a good idea to close the short position and open a starting long position with below the downward trend line ($230). As the stock has multiple oversold signals and the bears are running rampant any positive news will move this stock quickly upward.
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