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TSLA - One more push lower before rallying way above 500 ?We're in a wave 4 that seems to be taking the form of a Triangle. Measures have been respected for now, each leg being 61.8% to 78.6% of the prior move. This makes us believe that wave D and E of the Triangle can be of the same proportions. But if price keeps on going higher now, we could then be in Flat correction , which could take wave B up to the noted 1.272 - 1.382 zone before going back down to 350-ish (needs to be recalculated depending on B of course). Bigger picture
NASDAQ:TSLALong
by ElliottWaveBelgium
4
Bearish accumulation or sideways movemten?Hello, traders. Tell us what you think. EOS is close to the long-term resistance, which may decide the future of that asset price. We are on a few days within an accumulation zone. We don't know if it is a bearish accumulation or sideways movement, so we are going to wait for the price to decide the next move. Within which case, the long position is above the resistance, and the short position bellow that accumulation. Best Regards. Gustavo.
by MarketMinds
RSR we have to find out how it movesCongratulations to those who are able to see levels of suport and resistance, that helps quite a lot when it comes to this wild moves. Not knowing when to buy or sale could lead anybody with painful experiences, that is why it is highly recommended to ask somebody who has the instict to tell what is going on. Going down this thing is not there yet, too little pressure on the bears dominance and the Bulls are sitting on the fence. This one is a great project to watch, however we have to find out how it moves.
R
by Claudio18