Here's another point of view on current Tesla price dynamics from EW theory perspective. With a 1-2-3-4-5 move completed at $450 level, the price has proceeded with ABC correction and now it is in C wave with a target around $385 where a bottom line of a symmetric triangle is.
Comment:
The price bounced up from a symmetric triangle top line (dotted line), now let's see if the price will retrace back down.
Trade closed: stop reached