Hello friends
In Tesla stock, we see a 5-wave pattern
This pattern might as well be ABC!
However, considering the 5-wave pattern, wave 4 is over
Probably microwave 1 of wave 5 and microwave 2 of 5 have also been completed
Therefore, we expect wave 3 out of 5
Usually wave 3 is the strongest and most efficient wave
Of course, if the price crosses the bottom of microwave 1 and further declines, our 5-wave theory will be invalidated, so you can enter a buy position with a stop-loss at the bottom of wave 1 of 5 (red area).
Good luck
In Tesla stock, we see a 5-wave pattern
This pattern might as well be ABC!
However, considering the 5-wave pattern, wave 4 is over
Probably microwave 1 of wave 5 and microwave 2 of 5 have also been completed
Therefore, we expect wave 3 out of 5
Usually wave 3 is the strongest and most efficient wave
Of course, if the price crosses the bottom of microwave 1 and further declines, our 5-wave theory will be invalidated, so you can enter a buy position with a stop-loss at the bottom of wave 1 of 5 (red area).
Good luck