TSLA: TSLA might currently be in either wave IV or wave 2 of wave III. Yet, considering that wave 3 appears somewhat short, I am inclined towards the second scenario. To confirm the next moves, need to see TSLA's behavior in the latter half of August, whether it will be a strong rally or merely a shadow rebound.
Comment:
There has been a good rally in TSLA during the second half of August until mid-September, as I expected. TSLA looks strong for now, but I think it might start following the market’s weakness soon. Around $240 would be a good price to consider reloading for the long term
Comment:
Added tsla at 240 as planned. As long as 240 holds, I am looking for 300-340-400-450 as upside targets
Comment:
Tsla bulls need to break 250 or we will see 220 or lower. The price action is pretty weak on tsla compared to overall market