Tesla Update

I want to apologize in advance for this post being short. I don't have much time but felt like I should update my followers on Tesla. We hit what I am calling our ((A)) wave of Wave ((2)) and have begun to retrace higher for our ((B)) wave. I am still predicting a target of $190-200 at this time and will let you know if that changes.

On the chart you see what is a clean 5 wave move up to the $160.48 high. I suspect we should see a 3 wave retrace into our ((b)) wave target box and then head higher for ((c)). That will conclude our wave A of ((B)).

Post any questions/comments you have, and I will gladly answer them!

Bonam Fortunam,
--Tyler

Commentaire:

The 0.786 and 1.0 are within .01cents...I doubt we will drop lower then there

Commentaire:

Commentaire:

With current price action our ((b)) might already be done. Reason I state this is due to how it has rebounded from $157.32. IMO it has either finished this ((b)) or will turn out flat around $157. A breach of $161.63 is our first clue we're headed higher

Commentaire:

This will most likely be my last update for awhile as I am at work. We have breached yesterday's high so this very well could be our ((c)) wave of A. It still has the possibility of being a deep (b) wave though. If you listened to my other posts you have already bought and we are just tracking the upside.

Commentaire:

Still working on 3 of ((c)). After this target of 167 -$170 to finish ((c)) it should start its b wave of B retracement back down before what I'm hoping will be the final c wave up to our Primary B wave top