Tesla
Short

Tesla : Still bearish

By jdemunter
The previous count, that was looking for a wave 3 down, got invalidated. The next possibility is wave (b) of c (circle) is about to end and price is looking like it will continue the downtrend once again. This is again the most bearish possiblity with alternatives letting price go higher in the form of a wave b (circle) triangle or even a higher end of wave b (circle). In the end, the price target (below 540) and max risk (all time high), remains the same.
Elliott WaveteslaWave Analysis

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