palicska

Temporary end of Tesla's magnificent march?

Short
NASDAQ:TSLA   Tesla
Tesla seems to have made a 3 wave move up from its recent lows of 178 $. The first (wave A) wave reached 266 $, then came a triangle correction (wave B) and the final wave C started from 225 $. The final wave C can be subdivided by 5 beautiful waves. The Fibonacci ratios show that the anticipated end of this 3-wave move will be at around 268,5 $. Here wave C will be 1,618 times the length of wave A. Then I assume the price will fall near the level of the previous low, maybe a bit under.
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