TSLA - Wave iv of 5 Low in Place?

TSLA sold off to 210 yesterday and I added to my long position. Trading at 222 today, I still don't think this stock is overpriced, so I'd still get in.

The low yesterday occurred in the box where wave iv=.382*iii, iv=1.618*ii and y of iv = w of iv. There is good Fibonacci support so I'm respecting that.

As of March 11, TSLA had 37% of it's float short. If there is a short covering rally my target of 300+ will be hit sooner than later.