$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.
Trader_MattPro
2023-09-12 02:30:35 +0000 UTCGareth Neary
2023-09-11 21:16:02 +0000 UTCDamien O'Sullivan
2023-09-11 21:11:52 +0000 UTC