The retracement down for the original ABC i posted was a bit too deep, had to go back and re adjust the Elliot Count.
Since originally i had the bottom at $560+ going below that and below .618 brings me to my bear count. Overall market is in a bear market phase now as well.
So I will now be expecting a lower low on Tesla, current impulse up is on falling volume so i expect this rally to fail.
Sorry but Tesla is not ready for higher prices and instead heading for lower lows.
Not a financial advice.
Since originally i had the bottom at $560+ going below that and below .618 brings me to my bear count. Overall market is in a bear market phase now as well.
So I will now be expecting a lower low on Tesla, current impulse up is on falling volume so i expect this rally to fail.
Sorry but Tesla is not ready for higher prices and instead heading for lower lows.
Not a financial advice.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.