TSLA: Elliot wave count (Wave 4 and 5 not completed)
If TSLA makes an lower high locally, i expect an impuslive move down to 0.382 Fib (100 dollar)
This will complete wave 4 and make an double bottom to target 1000 dollar in alignment with target of wave 5
If TSLA makes an slightly higher high (wave5 instead of ABC-correction), the move from te 100 dollar low could be the first impulsive move up but will come significant lower also at minimum 0.382 Fib to complete wave 2 instead of impulsive move C to the downside
This will complete wave 4 and make an double bottom to target 1000 dollar in alignment with target of wave 5
If TSLA makes an slightly higher high (wave5 instead of ABC-correction), the move from te 100 dollar low could be the first impulsive move up but will come significant lower also at minimum 0.382 Fib to complete wave 2 instead of impulsive move C to the downside
Komentarz:
After the 5th wave will be complete, there is a higher count that does need to complete another wave 4 and 5
Komentarz:
Tesla could even make an lower low if its in an complex correction