TSLA Analysis :
Personality of the impulse :
Did we break above the "Base Channel"? Yes
Did we meet the right "Volume Personality"
in the 3rd wave? Yes
Do we have alternation within the corrections? Yes
Did both these corrections meet the
"Most Probable Fibonacci Retraces"? Yes
Feedback : With "Earnings" on its way
and the weight "TSLA" has on the market
I'm expecting a very positive "Bullish outlook"
with the break of its first concern of the
"Sell Algo" right above. Another concern we need to start
getting back into the "Andrews Pitchfork" if no go we
could be looking at a more "Complex Correction"
but I still wouldn't want this breaking the "Current Low"
"Invalidation" : Red Dashed Line
(Invalidating without 80%
retrace from the
High will lead to a retrace back to the ($800-$900's))
R/R : 1 : 8
Personality of the impulse :
Did we break above the "Base Channel"? Yes
Did we meet the right "Volume Personality"
in the 3rd wave? Yes
Do we have alternation within the corrections? Yes
Did both these corrections meet the
"Most Probable Fibonacci Retraces"? Yes
Feedback : With "Earnings" on its way
and the weight "TSLA" has on the market
I'm expecting a very positive "Bullish outlook"
with the break of its first concern of the
"Sell Algo" right above. Another concern we need to start
getting back into the "Andrews Pitchfork" if no go we
could be looking at a more "Complex Correction"
but I still wouldn't want this breaking the "Current Low"
"Invalidation" : Red Dashed Line
(Invalidating without 80%
retrace from the
High will lead to a retrace back to the ($800-$900's))
R/R : 1 : 8
Comment:
STOP LOSS : MOVED TO $996
Comment:
Stop : Moved to break of current low ( Based on personal interest)
Trade closed: stop reached