Tesla
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TSLA: LONG OPPORTUNITY

TSLA seems to currently be in a corrective Wave 4. The first target for the 4th Wave is 304 USD with a first time target of Dec 26, 2019. 2nd target price target will be between the 0.382 and 0.5 fib retrace of wave 3, which puts the target between 304 and 286 USD. The 2nd time target is the 21st of February 2020. I put arrows for a possible scenario that seems to currently be playing out, but the 4th wave could easily go sideways and extend the time taken to complete it to Feb 2020. And the final price target is 0.5 fib retrace at 286 USD.
Chart PatternsElliott WaveFibonacci

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