Don't ask me about the reasons I don't trade them :) I trade waves and tech analysis, news and fundametals can only whip up the movement.
As you can see from my count I believe we are in a zigzag ABC which usually have equal legs, so the target is 325.58. We can see a triple ABC down started 4 Nov 2021, we can see now a leg A and flat WXY which is B, and now we are in a wave C. More over we are in 3rd subwave so the movement should accelerate. I entered around 166, now I'm waiting the target and watching the wave structure closely. Let's go TSLA!
As you can see from my count I believe we are in a zigzag ABC which usually have equal legs, so the target is 325.58. We can see a triple ABC down started 4 Nov 2021, we can see now a leg A and flat WXY which is B, and now we are in a wave C. More over we are in 3rd subwave so the movement should accelerate. I entered around 166, now I'm waiting the target and watching the wave structure closely. Let's go TSLA!
Comment:
The target might be a bit different in the linear scale.
Comment:
One 5th wave last, the target stays the same
