The Long Investor

$TSLA TOP 20

Added 2024-07-14 17:52:05 +0000 UTC

$TSLA was watched very closely this week and we nailed this movement and many members benefited from this, especially those who shorted $TSLA at the 1.618 Fib, price dropped fast to the yellow trend line and within $2 of the 0.38 Fib at $231 and bounced, like I said in the last upload, this happened very quickly and it would be very unusual for a Wave 4 to complete in one day and in one movement, without any clear 3 waves.

So I don't believe this pull back is complete yet and may need to complete a second test of this breakout level, which we know is a very important breakout level.

Earnings are due on the 23rd of July, so this will be a massive catalyst and buyers may not step in fully until this report is out.

Once there are no surprises in this report, I believe $TSLA can move higher to the Wave 5 level at $324 this year.