We Like TSLA but Stay Away from it Now !!
Technical Analysis:
- TSLA is doing a WXY structure where the wave X in blue is in progress
- We expect that the correction will end when wave Y in blue will be completed at around 130 ~ 140
- WARNING : The invalidation level in green can not be crossed but if it's crossed then TSLA will go into more down side
- TSLA H1 and H4 Right Side is turning up. So we expect that the near term will extend higher
Technical Information:
- If you're a swing trader, don't buy TSLA now
- You must wait for the correction to be completed in wave Y in blue
- TSLA is doing a WXY structure where the wave X in blue is in progress
- We expect that the correction will end when wave Y in blue will be completed at around 130 ~ 140
- WARNING : The invalidation level in green can not be crossed but if it's crossed then TSLA will go into more down side
- TSLA H1 and H4 Right Side is turning up. So we expect that the near term will extend higher
Technical Information:
- If you're a swing trader, don't buy TSLA now
- You must wait for the correction to be completed in wave Y in blue
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