Currently the structure for subwave 4 is complete and should start a micro 5 wave count to the downside. We COULD still get OMH to around $200-205, but I don't expect that. This last decline should end I'm the box I have drawn. I suspect Tesla bottom should be around the 1.414 fib line of subwave 4 @ $169.1. This is where I plan to enter a long trade. I will post on here if I buy any Tesla.
$210.21 is our first big sign this count is invalidated with $223.80 being the final straw. Today should tell us if I'm right or if Tesla has indeed already bottomed. This last retrace clearly looks corrective though so I feel that it is unlikely to invalidate the count.
Good Luck all,
~~Tyler
$210.21 is our first big sign this count is invalidated with $223.80 being the final straw. Today should tell us if I'm right or if Tesla has indeed already bottomed. This last retrace clearly looks corrective though so I feel that it is unlikely to invalidate the count.
Good Luck all,
~~Tyler
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler