ncontelmo

TSLA to $530, $570, or $732

NASDAQ:TSLA   Tesla
Following Elliot wave analysis, it appears tesla just completed wave 4 of wave 5. If this is the correct current pattern, we should see Tesla going to a full length of wave 1 which would be $350. A complete 1 of wave 3 which would be $570, or max of 1.618 which would be $732. I do not believe with how the market is that $732 will happen, but with Battery day and possible SP inclusion, we should be seeing $530-$570 coming fairly soon. After wave 5 completion, we should see major consolidation in Tesla.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.