Tesla
Long

Tesla Did you buy when I told you to ? What now ?

Updated

Hi everyone:

Tesla broke all time highs and hits $1000.

In June I posted and mentioned about the next bullish impulse phase is likely to happen once a continuation correction is finished.

Price indeed impulse up after, and now it above all time highs. This is good for further upside potential.

What the market is likely to do now is fall into another consolidation, as another bullish correction is likely to develop, before the next upside move.

So be patient here, buying here right away may be risky, and best option is to wait for the next continuation correction to form, and take the next impulse move up.

Thank you

Comment
snapshot
Chart PatternscorrectionEquityFlagimpulseParallel ChannelpatternpriceactionStocksstructuretesla

Also on:

Related publications

Disclaimer