tendency

TSLA: classic case of a 'blow-off' 5th in Elliot Wave speak

NASDAQ:TSLA   Tesla
Up front I have no position in TSLA just an interested observer. To my eye, and count, looks like a classic case of a blow-off 5th to end an incredible 3rd wave. Would not want to be long this sucker. As always with bubbles/blow-off 5ths it can keep blowing-off for awhile longer but it's getting very close to a major pullback IMO.
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