Tesla Update--11/9

Today Tesla dropped as predicted. It didn't really answer our question if this is (5) or the beginning of ii of 3 of (3). The 3min and 1Hr MACD are on positive divergence at this time, and we only have 3 waves to the downside so far. We are also inside the ALT target box with only one maybe two more lows appeared to be needed. These things support my ALT count but don't verify it. It looks like it needs at least OML into the 1.618 @ $205.33. If that occurs and then price raises impulsively breaching $226.97, we have confirmation of wave 3 starting.

if it rises correctively to around $212-$213 and begins to fall again we are most likely in (5). This would suggest my primary count is correct. Wave ii could technically go all the way to $193.80 though before it is invalidated. This is the point in which wave (5) is confirmed.

DONT FORGET THE YELLOW BOX IS MY ALT. I give it 40/60 odds compared to my primary count. We are approaching a point to where Tesla can no longer hide her secrets from us as the two counts are about to directly conflict with one another. Up until now the two counts had close to the same path. This is what has been making it difficult to distinguish between the two. Let's see what tomorrow will bring us.

Bonam Fortunam,
--Tyler

Comment:

Made another low into the 1.618 as predicted. Let's wait and see what will be next.

Comment:

Just wanted to make sure everyone understands that although we are trading according to my primary pathway, nothing has been confirmed yet.