christian_pilz

Tesla& The Moon

Long
NASDAQ:TSLA   Tesla
Tesla is on the run to fulfill the 5th wave of the first wave of mass adoption.
The price action respectfully follows the wave theory in terms of fib level very nicely.
Although we could expect a deeper pullback as wave 2,
at least a reasonable fib level would give us a range between 880 and 750.
In case we will see a necessary impulsive behavior a price target of 2800 would sit on the table
finishing wave 3.
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.