SamSuka
The Long Investor
The Long Investor

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$TSLA TOP 20

I am still not ruling out Wave 2 pulling back yet, divergence on the RSI 1hr chart and its very distinct and obvious. Wave B is still very very short and shallow and its making me uncomfortable. I believe there is more drama here for $TSLA

$TSLA TOP 20

Comments

I wish I could say for definite which case is going to happen but it’s impossible to say for sure….I think a pull back to Wave 2 is the likely scenario but buyers have stepped in for TSLA very bullishly

Gareth Neary

You think it will hit .236 tomorrow and bounce to complete wave C? Or can it dip further down and end up bottom of wave 2?

Constantinos Laskaris

Their RSI is showing a bearish divergence, meaning the bulls are running out of momentum, which is hard to believe considering it’s run but that’s what it is showing. That Wave B is very weak so it is possible that a pull back can still happen….I think retailers are acting out of sync with logic here.

Gareth Neary

What you mean exactly by believing there is more drama here for $TSLA to come? Do you believe that it will move further up with wave C? or pulling back with wave B or wave 2?

Bjoern Szymkowiak


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