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.
0 comments:
Post a Comment