TeslaShort
$TSLA - Calling the Top
Updated
Is the end nigh for TSLA? If wave 5 = inverse 1.618 of wave 4, then the top is already in. If wave 5 = .618 of wave 1 + wave 3, then the top is very close. If wave 5 extends, then we've still got room to run. But the ONLY justification for this price is institutional hedging of calls. A stiff breeze should blow this whole thing over. I predict that happens sooner rather than later.
TSLA? If wave 5 = inverse 1.618 of wave 4, then the top is already in. If wave 5 = .618 of wave 1 + wave 3, then the top is very close. If wave 5 extends, then we've still got room to run. But the ONLY justification for this price is institutional hedging of calls. A stiff breeze should blow this whole thing over. I predict that happens sooner rather than later. Note
Is the top in????
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.