Accoring to counting Elliott waves in daily time frame , probably Tesla is in wave D. So because bc=61.8%ab , dc is predicted to reach 161.8% bc, or pullback to bound the peak of fourth wave.Now it seems no long or short position but if seen return sign maybe can take short position with 720$ SL and 600$ area for TP.
the daily chart of this market shows that it will experience an uptrend in the next few days but at the same time
one must be vigilant of the placement of the stop loss and the level of profile to gain.
please subscribe to receive more analysis
Stock Pullback completed and coming weeks we will see a new round of sell-off.
All explanation on the chart please have a look entry
Please like, share, comments and follow me to get daily base analysis
Thank you for your support, I appreciate it.