TSLA Weekly Update
Overview: let’s review the update of Feb. 18th:
Update: there is not much to change on the count, except the fact that wave b of flat decided to develop as a more complex structure (so take more time), developing as a triangle. I see wave (e) of b completing soon, which will lead to wave c of 2.
For now, I have the 145 area as a potential bottom for wave 2 based on the retracement of wave 1, its volume profile and the gap fill.
Again, I have to remind a note on my update of Jan. 28th, which is still very valid: “The alternative scenario is that we are [were] in a second wave (X) and later in the year another zigzag follows to new lows.”
- Wave 2 to develop as a flat.
- Waves a and b of flag have been completed.
Update: there is not much to change on the count, except the fact that wave b of flat decided to develop as a more complex structure (so take more time), developing as a triangle. I see wave (e) of b completing soon, which will lead to wave c of 2.
For now, I have the 145 area as a potential bottom for wave 2 based on the retracement of wave 1, its volume profile and the gap fill.
Again, I have to remind a note on my update of Jan. 28th, which is still very valid: “The alternative scenario is that we are [were] in a second wave (X) and later in the year another zigzag follows to new lows.”
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.