TSuth

Tesla Update: v it is

TSuth 업데이트됨   
BATS:TSLA   Tesla
Apparently Tesla decided to have the choppiest leading diagonal followed by a micro ending diagonal, then had a very small micro wave 2. To me, this is the only way to count this mess. I did say the other day that a leading diagonal was possible but highly doubtful. Well, it came to fruition so now we track this v down. So far, we have a 1-3 finished and 4 possibly finished or half way done. 5 comes after 4 so we just need one maybe two more lows to finish wave v of (3).

After we bottom in (3) we should start a retrace for wave (4). Until then I cannot give a precise target though as I will use the retracement fib to guide me better. The way I see it now is we will most likely raise to the $217-$220 area before heading down to our final target of (5) of C of 2. After we top in (4) I can give a better target for (5). I believe (4) will be short and shallow though since (2) was long and deep.

Notice on the MACD we are on positive divergence. One or two more lows would set price up nicely for a good retrace. Chart says the rest, let me know if you have questions about it and I will try to get to them as soon as I can.

Bonam Fortunam,
--Tyler
코멘트:
If price breaches the 2.0 today then we are extending well beyond normal fibs. If that occurs it will just be using each successive fib as a possible turn around point. It would also point to this entire C wave potentially ending at the 2.618 fib @ $170.83 area
코멘트:
No update tonight. Looks like OML is needed on the 1Hr chart. Looking for a bottom around the 2.0 before we raise for (4)
코멘트:
Sorry y'all not enough time to do a full post. I haven't had time to delve deep but it appears we are finished with (3) and started on (4). If this is to be the optimal count we should end within my box. Nothing says we can't extend higher, but that would be unusual for a wave 4. Tomorrow night I will make a new post around my normal time.


Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.