Tesla
Short

Tesla blowing up. TSLA

This is not the first time we are shorting this one. Far from it infact. High tech sector has been overinflated for some a long time, and it is our belief that it remains to be so given the recent drops in the relevant indices.

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
Elliott WaveFibonacciOscillatorsteslaTesla Motors (TSLA)

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