SamSuka
The Long Investor
The Long Investor

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$TSLA TOP 20

One of our favourites to watch and we upload most days. I spoke about $TSLA rejecting exactly at the H&S neckline at $186, this is what the bears wanted to see and what we expected. 50 Day MA is just below, if it loses that too then we can wait for this to come down where Wave 2 is set. 

Likewise, if it recaptures the $186 level and stays above, Wave 2 could be complete and we are into Wave 3. The price action has come into the Wave 2 zone between the 0.38 - 0.65 Fib zone, so it is valid. 

We obviously want this cheaper, there is also the glaringly clear gap below too at the important 0.618-0.65 Fib level. Again, if the market starts weak this week, it may push this down to where we want it....if the market does go into panic mode, the buy zone below is still on.

$TSLA TOP 20

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