TSuth

Tesla Update: Always Throwing a Wrenches

TSuth Cập nhật   
NASDAQ:TSLA   Tesla
Tesla always brings us to a nice set up, and then tries to confuse us right before the actual event occurs. It's like Elon is just sitting there with wrenches waiting for the right time to chuck em' into the count. Nonetheless, that is why we make strategies and have plans in place before we ever enter a trade (stops hint hint).

We started EXACTLY as I thought we would. We began in pre-market hours up @ $237.20 and then just proceeded to tank $11 before the cash market ever even opened. Afterwards we rose the rest of the day end ended green much to my surprise. Perhaps it is as @elisanascar said, and NVDA propped up Tesla and the broader market much more than the count called for. That being said, my prior count still stands in my eyes, but it is on shaky ground. If we continue to raise very much tomorrow, then I would have to consider B done and we're actually headed up for C of (B) already. I find this less likely due to the time frame. That would mean A lasted 4 days and B & C combined lasted 1 day....I just don't buy it at this time. I think we still head down to my box to finish B next. Note how we are on Neg Div as of now with this high we got at the end of the day today.

Something you may also notice is I deleted the turquoise wave iv and upgraded my orange labels to turquoise. With how deep the wave ii was, I don't believe wave iv would go this deep too, so I removed it from the chart.

My plan as of now is to wait for price to come into my lower box somewhere around the $220-$222 range. This is where I plan on buying around 50-100 shares depending on structure. If I make any trades, I will post it on here, even if it is to notify you of a limit order. Should price continue upwards I will make a decision at that juncture. Time wise I still favor a Friday ending for B but as you know price has its own mind.

*****Also, I wanted to notify all of my followers that I am considering a paid subscription plan to teach EWT and track certain charts. Please comment below if that is something you might be interested in, and if so, what chart/charts would you like me to cover. I will most likely compile a list of 2-3 charts I track daily and 2-3 charts to track weekly. I will continue to post on Tesla daily and intra daily. My posts on here would be limited to one post per week on Tesla. Let me know what you think in the comments or send me a PM. Have a good night, everyone!*****

Bonam Fortunam,
--Tyler
Bình luận:
Should retrace to $235-$236 ish and then continue down to finish C possibly today if not tomorrow

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Bonam Fortunam,
--Tyler
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