Looking for potential further upside into wave {iii} of 3. Invalidation level stands where the horizontal red line is.
Looking forward to finding out of the move will develop.
Feel free to ask questions and leave a comment.
Trade safe!
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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I have been anticipating this pullback for a while now. Looking upside confirmation, even if we already have some interesting signals that could identify the resumption of the uptrend.
If you enjoy my work please comment down below and leave a like.
Feel free to ask questions,
Trade safe!
Tesla, the most favorite stock for retail investors, is in search of 'E' in correction pattern of Elliott Wave, once 'E is confirmed, the bull run begins for the next wave up and it's bound to surprise with the big bull run again.
~Happy Trading.
Never traded stock.
First go round at analyzing a chart.
Based on the technicals, I see a rise so that price can reach the D extension and then a potential retracement to the first level of support. Price could retrace past that point.
What are your thoughts?
