Tesla has been moving as expected ever since the last public update(find link attached).
We are not looking for a potential triangle in wave iv to then resume higher.
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We have reached equality of potential iii vs. i and we are close to the 61.8% retracement of the previous downmove. As we could still fall back lower I am considering closing my longs that I originally opened when I first shared my previous forecast on TSLA(find the link attached)
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Bullish count here on tesla, anticipating a 1-2, 1-2 to then expect upside resumption. Looking for support within the yellow box. RSI is indicating potential bullish divergence.
Feel free to ask questions, trade safe!
Price have broken the channel ( Support ) some recovery from here is expected till about 146.00 area and then a drop - lower low till about 90s. Over all trend is still to the down side. Shorts in play, any rise is shorting opportunity for now.
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