TSLA Elliot Wave Analysis by VIXtraders

TSLA. It worked on wave (iv) and looking at daily chart it is facing resistance. On the positive side, it’s squeezing on the hourly, which means it is accumulating. I personally believe it will run to target (iii). For this to happen, it still needs hold wave iv on chart at the base of the wedge. If it loses it, I will be concerned of a potential bearish reversal. I hope this helps.