Here is an UPDATED count for 
TSLA's breakout of its contracting triangle
TSLA 4H CHART
- Completed macro wave 4, now forming macro wave 5
- 5 wave structure to form wave 1 of macro 5
- We are in smallest degree wave 3... tgt 472, if we push through with no pullback, wave 3 could form at 499
- Assuming we pullback from 472, watch for 442.35 - 452, then leg up to final target of 496
- This would be invalidated if price fell below 423,
- If wave 3 pushes through that 472 target, then that final target of 496 will also be raised
Ultimately, I thinkTSLA could very likely see $496-500 over the course of the week
TSLA's breakout of its contracting triangleTSLA 4H CHART- Completed macro wave 4, now forming macro wave 5
- 5 wave structure to form wave 1 of macro 5
- We are in smallest degree wave 3... tgt 472, if we push through with no pullback, wave 3 could form at 499
- Assuming we pullback from 472, watch for 442.35 - 452, then leg up to final target of 496
- This would be invalidated if price fell below 423,
- If wave 3 pushes through that 472 target, then that final target of 496 will also be raised
Ultimately, I think
TSLA could very likely see $496-500 over the course of the week
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.