TESLA MONTHLY FORECAST
Updated
TESLA seems to hit important resistance at the 300 usd zone.
The 2020 RUN is a perfect 1,2,3,4,5 elliot wave impulse, for that reason is that now we are facing a possible ABC correction at the fib's zone here defined using all the 2020 bullrun impulse.
Wave A= face 0,382 @ 105 usd
Wave B (retesting bull wave)= 300 usd
Still in play correction to:
Wave C= 0,5 @ 70 usd
or
Wave C (plain A=C) = repeting 0,382 @ 105 usd
I dont think 0,618 its gonna happend for the moment ...
The 2020 RUN is a perfect 1,2,3,4,5 elliot wave impulse, for that reason is that now we are facing a possible ABC correction at the fib's zone here defined using all the 2020 bullrun impulse.
Wave A= face 0,382 @ 105 usd
Wave B (retesting bull wave)= 300 usd
Still in play correction to:
Wave C= 0,5 @ 70 usd
or
Wave C (plain A=C) = repeting 0,382 @ 105 usd
I dont think 0,618 its gonna happend for the moment ...
Trade active
Seems that the IDEA still in play so the WAVE C now is playing through ... following.Note
GO GO GO !!! Trade OPEN !
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