TESLA - Update
TESLA - Update:
Since April 2022 the chart of TESLA has formed an ABC-Correction down (burgundy in brackets) which is as normal for a corrective wave 2 (roman in black). Right now in the last days the chart finished the third of a third wave within a wave C in brackets down. The next level of the chart is a bounce up to reach 124.73 US-$ as a 76-percent Fib-Level which is very common in a sub wave 4 in gray as a part of a third red wave in brackets down of wave C.
Then the chart will turn down again to finish wave three of three red in brackets at a level between 83.70 - 56.50 US-$.
Keep calm. A longer lasting uptrend will start as a wave III in the future...
Since April 2022 the chart of TESLA has formed an ABC-Correction down (burgundy in brackets) which is as normal for a corrective wave 2 (roman in black). Right now in the last days the chart finished the third of a third wave within a wave C in brackets down. The next level of the chart is a bounce up to reach 124.73 US-$ as a 76-percent Fib-Level which is very common in a sub wave 4 in gray as a part of a third red wave in brackets down of wave C.
Then the chart will turn down again to finish wave three of three red in brackets at a level between 83.70 - 56.50 US-$.
Keep calm. A longer lasting uptrend will start as a wave III in the future...
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