TSLA
remains in range for its fourth subwave. Although it has touched the 50% correction, it is not over yet and it needs more correction to look for its fifth wave and end its first major wave of a higher fifth wave. The next target would be approximately $256 to $260. Support remains at $226 and next resistance at $246, which we need to break to confirm its bullish continuation.
Trade closed: target reached:
We have reached our $246 mark that confirms the uptrend continuation and could read $260. But We need to get a correction from all this impulse that could bring prices around $226-$220 to continue the uptrend up to $300 in the next weeks.