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karentsang

TSLA Next Stop: 400

Long
Tesla (NASDAQ:TSLA)  
karentsang Updated   
NASDAQ:TSLA   Tesla
Trend Analysis Wave Analysis Tesla Motors (TSLA) tesla automotive
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trendanalysis waveanalysis tsla tesla automotive
snapshot

We're in the 1st corrective wave within the larger cycle's 2nd impulse wave.

Assuming pattern holds, TSLA should hit at least 400 as the next smaller impulse up, and minimum 450 as the destination of the larger 2nd impulse wave, but TBD!

Also recommend JC Parets' Fib TA on TSLA. Even more bullish! http://allstarcharts.com/ready-60-rally-tesla/
Comment:
Daily hidden RSI divergence is conservatively bullish; confirms that we are still in a pullback of a (up)trend. See image at twitter.com/krntsng/.../1022974299865526272
Comment:
Daily RSI bear divergence calling for a pullback now. Did you enjoy the 30% rally from last week? :)

twitter.com/krntsng/.../1027248429959921665
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