$TSLA Time to Fade or..?

(like ) is standing out to me as bullish, yet, corrective Elliot Waves a higher degree series of ABCs appear to be underway.

A final wave C appears to be underway which would take price too all time highs in an expanded flat correction pattern. My count could be wrong and the interference could be from the increase it sentiment volatility connected to the US headlines lately and Trump posting on socials. Things may get back to normal after the summer and a clearer pattern may emerge.

Price is struggling to get past the weekly pivot point bullishly or the weekly 200EMS bearishly and is trapped within that range.

For now long term target is the R2 daily pivot at $693 as the higher probability is continued upside

Safe trading

Maddox_Metrics

🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com

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Maddox_Metrics

🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com

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