Tesla + Trade Setup

11 févr. 2023

I think that this share is in an upward trend.
Currently, the ascending wave 3 has been completed and the share is in a corrective A B C trend, in this A B C wave A is completed and we are building wave B, wave C will be much bigger and faster.

Trading tip: Personally, I will trade wave c, and the return point or trading target may be a little lower than the parts specified and a candlestick with a very long shadow will be formed. As a result, I will do the opposite transaction with more patience and at the bottom of the shadow.

General conclusion: This share has a lot of growth potential and the best point of selling and exiting the entire share is as follows: 35% is at the price of 3150 and 65% is around the price of 9000 to 1000 dollars.

Warning: This analysis is valid until the previous ceiling of $410 is completely broken with a powerful candlestick. If it is not broken and the double ceiling is formed, scenario 2 will be activated, which I will definitely update at the right time.

In any case, the transaction up to the previous limit has a low risk.

Be successful and profitable.