$TSLA TOP 20
Added 2025-02-12 12:07:00 +0000 UTCThe 0.38 Fib did not hold, so the next test is the 0.5 Fib at $315
However, even if the price drops down to the .0.618 Fib at $274, this will not infringe upon the top of Wave 1 at $270, so the impulse wave would not be invalidated
ALSO, the 0.618 Fib level aligns with the ascending triangle top line too at $274, this is the level where the price action broke out of when Trump won the election and the price ran from $274 to $488
So the market does like giving you a second chance.....now it's up to you whether or not you take advantage of it....long term the chart is clear to me.
Comments
@vol is this still valid? Then our current ABC correction would be the end of the small wave 2, and it could be finishing soon if support is confirmed?
Chris H
2025-04-23 07:19:19 +0000 UTCThat's the way
Gareth Neary
2025-02-12 12:31:05 +0000 UTCStrong conviction on this, I would love to add in the 200s!
Samuel Filipczak
2025-02-12 12:28:34 +0000 UTC
