TESLA - Follow up to previous post - Time to take profits
Time to take profits here and let late buyers fight the bears.
With our members, we closed part of our positions at 573 some of our positions a week ago and now we closed most of our remaining and left only 1/4 with a stop at 510.
If it continues higher after what seems to be a triangle consolidation.
Looking for 630 next where red wave V would be equal to wave I.
With our members, we closed part of our positions at 573 some of our positions a week ago and now we closed most of our remaining and left only 1/4 with a stop at 510.
If it continues higher after what seems to be a triangle consolidation.
Looking for 630 next where red wave V would be equal to wave I.
Comment:
I'm not sure if we'll see just a pullback down to the noted Fib zones or a big reversal that could take us down to 400$ and keep price sideways for a few weeks therefore i'll stay out of this until opportunities present themselves again.
But if you feel lucky, you can try and short it, I won't.
But if you feel lucky, you can try and short it, I won't.
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Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
Questions? Chat or Comment on Ideas
Don't forget my public Telegram channel -
t.me/em16public
Thanks !
FIY : I'm impacted by the bug at InteractiveBroker and am unable to connect to my account..
If I could I would close the rest of my position at current price.