TSLA correction nearly done? ABC retrace coming to key support

14 thg 12, 2021

TSLA has been retracing faster than rest of market.
Musk selling has not helped along with competition.
Now a "perfectly acceptable" ABC is near completion.

$ 909.15 - 921.86 is the KEY support zone to watch.
$ 957.22 - 961.77 will be the first resistance to bounce.
$ 879.24 is a MAJOR (very high timeframe) Golden Fib.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only

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17 thg 12, 2021

Ghi chú

Target HIT

Here we are:

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Zoom IN (1 min) for a closer look at the expected support zone: PERFECT ping on lower bound.
IF there is a bottom nearby,
THIS would be a perfect spot.

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17 thg 12, 2021

Ghi chú

We have a BOUNCE!

AND first target 961.77 sister fib of our bouncer.

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