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CURRENT MARKET TREND: Up 5/27/16 @ 2090
Stop-loss 2026

Wednesday, February 26, 2014

TSLA Update

Per the previous chart, I had TSLA in wave iii of 5. If wave iii extends 2.618*i it puts wave iii at 260ish, which it traded at this morning. So From here I am looking for a retrace down to 230 which is .236*wave iii and 1.00* wave ii, or, more likely, 212 which is .382*iii and 1.618*ii.

Weekly Chart:

Daily Chart:

The v of 5 should target 320-340.


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