Keep in mind - someone much smarter than me said "Markets can stay irrational longer than we can stay solvent" Do you own DD - I've already made couple of wrong calls. I won't say this is a "bubble" because I don't know what defines a bubble but what market is doing is trying to price in action or "future price" earning expectation now. Consumers don't know what...
Leaning towards another high still and wave 4 finish above 2145. Need to reassess if below ~2145. Target of top same as before
Hit bottom range of my target. Expecting atleast ~2400 at this time. Still leaning towards a larger correction when this wave completes.
Tesla start to wave 3 or extension of first wave and larger correction. target ~2060 to 2200 for this wave
Car back test on support and exit the triangle pattern continues to go up, target opportunities will be at the previous peak. Car buy : $22.70 - $23 Car target 1 : $33 Car target 2 : $36 Wish you a successful trading!
Still expecting another low. Leaning towards it being a bottom for this correction but still possible we get a B and C move
Looks like 5 waves and first move is in. Lot of sideways action today and expecting more correction at this point. Will reasses if it breaks above previous high
Think we will see a top in wave 5 soon. Not sure how deep of a correction to expect at this point but leaning towards it being a shallow correction ~1650 to ~1750. Will try to update once I think top is in or if count changes.
Waiting to see if it will broke price below 30. If yes...good sell opportunity as It will continue on downtrend.
Starting 5th wave move. Looks like it could test previous high. Turn more bearish short term if it breaks below ~1595
Like the look of the move right now but its at a dangerous stage where its only 3 waves. Really need 5 waves to turn more bullish. Turn more bearish if it breaks below ~1520 in this micro move. Looks like top of a 3 of 3 to me right now.
EXCELLENT gap up, hopefully we sit a continuation. Best of luck traders
I show the two scenarios I think are most likely right now. Will turn more bullish if breaks above ~1470
I like the setup still overall. Looks like its moving towards a wave C. Watching for an impulse up and correction to buy or if its looking like bottom in 5th wave. potential bottoms ~1460 or ~1450. count invalidates ~1420 and looking for a change in count. This impulse is based on a weird wave 1 so its not a perfect setup but I like it.
Looks good so far. ~36 turn bearish for this small impulse
Still waiting for another low in this move until starting next impulse up.
Still like the look of the wave. Adjusted my count based on the move down. Looking for more correction then move up