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Trader4Life77
Oct 13, 2020 1:28 PM

Tesla objective 600 usd Long

Tesla, Inc.NASDAQ

Description

Hi, guys!

I am not holding Tesla, but i couldnt notice that on daily chart, the price goes to 600 usd, if we apply Elliot Wave Theory.

Triangle formations are corrective patterns that are bound by either converging or diverging trend lines.

Triangles are made up of 5-waves that move against the trend in a sideways fashion. These triangles can be symmetrical, descending, ascending, or expanding.

Good luck!
Comments
Kpb_1997
I like the analysis 👍
Trader4Life77
@Kpb_1997, Thanks!
Acwood
I am, bought more at open last night. Appreciate the analysis 👍
Trader4Life77
@Acwood, thanks!
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