TSLA correcting in an abc correction.
Analysis Tesla
- Price seem to have formed what I assume to be a 3 wave A-B-C correction.
- The final Wave C leg is in progress which is always motive.
- Recently price tested the 38.2% fib retracement zone where I assume wave 4 ended.
- At the moment price might drop below to test the 100% extension of Wave A through B.
- Price seem to have formed what I assume to be a 3 wave A-B-C correction.
- The final Wave C leg is in progress which is always motive.
- Recently price tested the 38.2% fib retracement zone where I assume wave 4 ended.
- At the moment price might drop below to test the 100% extension of Wave A through B.
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