SamSuka
The Long Investor
The Long Investor

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$TSLA TOP 20

$TSLA had a fantastic day after Morgan Stanley increased its PT to $400 on the strength of its supercomputer potential.
I uploaded $TSLA yesterday and added the potential that we are in a Subwave 2 ABC count now, as the price held above our blue line and showed a lot of strength.

So the bullish scenario here is that Wave 2 is now in and if $TSLA can go above the yellow trend line at $290, it is into the bull case and in Wave 3.

If the price rejects at or before the yellow trend line then Wave 2 is not complete yet and it will still come down to complete Wave 2 on the blue line again at $217.

Below the blue line and the count is going bearish.

$TSLA TOP 20

Comments

Man, did I mess this one up selling at break even Sunday night🤦‍♂️. Wave C looks attractive. Let’s see.

Trader_MattPro

Holding above the $290 trend line. If if drops down for Wave C first, then buying when this completes, above the blue line at $217.

Gareth Neary

What would you recommend for someone looking to start a position?

Damien O'Sullivan


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