$TSLA TOP 20
Added 2023-02-25 12:39:32 +0000 UTCHere are both the short term and long term views for $TSLA. On the short term, indications are bearish, in line with a lot of stocks and particularly from our Top 20 that ill be uploading all over this weekend. Short term the chart hasn't changed or the plan here, it needs to come back a lot more to qualify as a Wave 2, otherwise it will extend and then reject hard, as shown from the red line to (X).
Long term, I have started Wave 3 from the buy zone because to me, this structure since Dec is looking more and more corrective, so I needed to start Wave 3 from somewhere and this is the position i'm leaning towards. Obviously, it it pulls back shortly and holds for Wave 2 (on the short term chart in green), then we start Wave 3 from December, however the price targets barely change for the long term targets either way.
Comments
Really is the big question right now and although it’s pulled back a little since it’s local top, the bulls keeping buying so it’s not clear to say right now and would be unfair for me to say with absolute certainty which way it will go because there isn’t a clear direction yet.
Gareth Neary
2023-02-25 13:19:34 +0000 UTCHi Gar from your view , do you think it has a higher chance for a shallow pull back which price may go into buy zone later on or to a deeper pull back to abt 150 and turn up.
Huat
2023-02-25 13:16:49 +0000 UTC
