Hello traders:
Tesla has been moving up very impulsively, and this time we are seeing continuation once again.
We can see previous price action has given us many chances to buy, and certainly this current structure is also developing into a continuation.
The latest price is forming an expanding structure, at least 2 swing highs and lows, could be completing a correction any time. There is a small, LTF bullish push up, looking to form further correction to push higher.
I would still be patient here and wait for the expanding structure to complete first, and look for LTF continuations to get in on more buys.
Thank you
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