Elliott Wave Theory on Tesla
Looks like the price is finding it hard to break the resistance line, we should wait to see where it wants to go.
I think we just had a wxy as B wave or 2nd wave before having C down or 3rd down.
If it breaks trend channel around 650$ then we could short again to at least 0.618 support line at 568$.
If it bounces and closes at new all time high then we shall go for higher highs.
I think we just had a wxy as B wave or 2nd wave before having C down or 3rd down.
If it breaks trend channel around 650$ then we could short again to at least 0.618 support line at 568$.
If it bounces and closes at new all time high then we shall go for higher highs.
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