Tesla
Long

$TSLA breakout wave count UPDATED

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 think TSLA could very likely see $496-500 over the course of the week
Chart PatternsTrend AnalysisWave Analysis

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