Trade_Hive_Signals

TSLA - Analysis

Short
BATS:TSLA   Tesla
TSLA


W1 – Since the indices (SPX\NASDAQ) are demonstrating a noticeable slowdown in movement and reversal/downward correction patterns may already begin to form.

You can also try to consider corrective sales.

It can be seen that the 5th wave is still being worked out, but a slowdown is also visible.

Global purchase plan with a target up to 415.32.

It is also clear that a potential reversal of the movement may begin to form; if the pattern is fully formed, then you can see the target in the nearest values 212.69 - globally 101.51.

For further decline, it is necessary to consolidate at the level of 212.69.


What can you expect?

At this stage, you can consider selling with a target of up to 212.69.


Short
Targets – 245.18 – 225.58 – 212.69

Long-term perspective – goals 212.69 – 152.88 – 101.51
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