Tesla finally ended its Wave 3 extension down and had a bump up for our wave 4. If we do not make another high then we should drop to about the 1.414 fib line of Wave 4 at about $101 to finish off wave 5....if it follows the ideal path. It could very well extend again and drop even lower. The trick will be to watch the MACD for HBD. Patience is key! These are tremulous times and everything is risky.
If you are one that just has to trade make sure you use stops and protect yourself.
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Bonam Fortunam,
--Tyler
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