Tesla Daily Correction then back down again?

Based on our Monthly and Weekly Thesis: Tesla seems to be correcting up which I assume will either hit our black fib line or possibly back into our pitchfork lines which overlap with our fib lines making that resistance much more harder to break; please see drawing.

For me to continue with the bearish thesis I must see Tesla hold at one of those lines then punch down to the 174 price area to confirm our Weekly and Monthly vision.

Currently based on the data we are correcting up however stay tuned for our four analysis on the market


MB Trader