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PD_Capital
Nov 10, 2021 12:24 AM

Is TSLA already done (or about to be)? Short

Tesla, Inc.NASDAQ

Description

TSLA impulsive wave structure looks already complete or about to be complete in the $1,400 target area based on Fib ratios. Stochastic and RSI indicators suggest overbought conditions and that a deeper correction might be already on the way. Not much support until the $700 area where also the 50w EMA sits. However, that is 30% lower from current levels and 45% lower from ATH.

Comment

As suggested. Teslta touched the $700 lvl a few days ago.
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