$TSLA TOP 20 UPDATE
Added 2023-03-15 17:45:19 +0000 UTCSo what I am watching for here is to see if $TSLA can make a new low....if it can make a new low, I will see 5 waves down, this is not what you expect to see in a Wave 2 pull back, as we know Wave 2 has 3 waves, ABC.....so a new low will give an indication that it is possible we are in Wave X and not Wave 2.
I think a new low is possible here, rejected at the 50 Day MA and the trend, as part of the Head and Shoulders pattern, is still very much downward.
No action is needed with this information, still need to wait and see if a new low comes in, if it does, certainly wait until the 0.618 - 0.65 Fib levels to make a decision.
