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crikz
May 15, 2018 11:38 AM

TESLA INC - Expanding diagonal in process Long

Tesla, Inc.NASDAQ

Description

Hey guys , if any of you trade stocks , i would recommend to find an entry on TESLA stock shares , it looks very nice Expanding Diagonal on it and may go at higher prices based on the Elliott Wave outlooks.
Goodluck!

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B wave came up with a complex correction , uptrend should resume now

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Minor A almost complete , one more swing remains on my wave count.

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I believe we are in the first wave up of five waves to complete the expanding ending diagonal.
The first advance had an impulsive build therefore i believe we go have more room on the upside.

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Adjustement of the fibs based on the current moves

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Uptrend has began. Main focus is the grey area where price makes a new high to complete the 5 wave sequence but tesla could indeed gain more , i expect strong bulls ahead.
Comments
WaveRidersCM1
why is ur supposed impulsive wave 5 consist of abc instead of 5 waves? x_X
crikz
@waveriderscm Diagonal triangles (Ending diagonals) not always unfold in 5-3-5-3-5 sequences , they can appear as 3-3-3-3-3 aswell (in this case)
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