Hello traders and investors!
Today we are considering the idea that Tesla (TSLA) can reach a target between $1,400 and $2,600.
As far as I can see we are in a corrective structure. I consider it as a simple (and relatively) shallow zigzag to complete primary wave 4 and "follow" the guideline of alternation with primary 2 (complex and deep WXY correction). If this structure will eventually unfold as zigzag (with a B wave as a triangle) we should also see market geometry respected:
a) wave 4 = 38.4% of Wave 3 at the middle line of pitchfork connected between cycle 1 and cycle 2
b) primary wave 4 completion in the region of intermediate 4 of lower degree
Targets:
$1,400 if primary wave 5 = 61.8% of primary wave 1
$2,600 if primary wave 5 = 100% of primary wave 1
Let's see what happens next.... as usual no rush to buy the dip
Today we are considering the idea that Tesla (TSLA) can reach a target between $1,400 and $2,600.
As far as I can see we are in a corrective structure. I consider it as a simple (and relatively) shallow zigzag to complete primary wave 4 and "follow" the guideline of alternation with primary 2 (complex and deep WXY correction). If this structure will eventually unfold as zigzag (with a B wave as a triangle) we should also see market geometry respected:
a) wave 4 = 38.4% of Wave 3 at the middle line of pitchfork connected between cycle 1 and cycle 2
b) primary wave 4 completion in the region of intermediate 4 of lower degree
Targets:
$1,400 if primary wave 5 = 61.8% of primary wave 1
$2,600 if primary wave 5 = 100% of primary wave 1
Let's see what happens next.... as usual no rush to buy the dip
Pesanan dibatalkan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.