TSLA- time for slight retracement
Updated
After looking at my count again, I see that we have in fact made 5 move up from 4/27. We could have finished wave A in this bigger wave B correction. This means that we could be moving lower to a smaller wave B. This could take us down to 160-162 where I expect to see a bounce up to test 188-200.
Note
As expected TSLA bounces have been weak. We did not make it up to 170 this morning before we made a new low. Again, I am looking at the 160-162 area for reversal potential. I might check 163 too depending on macro environment.
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