I anticipate a swing to upside as TSLA completes either a 50% ($665) or 61.8% ($607) retracement. I’ve linked my previous TSLA ideas below, if you want to see the “bigger picture.” If TSLA bounces off the 50%, great! If not, no worries. We’ll track it down to the 61% retracement from an ATH of $900. Pay attention to the yellow circle on the wave trend indicator. In my opinion, this is an opportunity to go LONG. If you’re playing options, consider targeting $750 this week. I’ll leave the details on strategy up to you ;)
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
I LIKE THE CHART WHICH YOU PUBLISHED EARLIER -- YOU ALSO GOT RECOGNIZED BY TRADING VIEW - INVESTED BASIS THAT BUT NOW I AM SO SCARED -- CANT TRUST ANYTHING ..LOL