stromm_by_wmc

πŸš— Unfolding Tesla's Plan πŸ“‰πŸ“ˆ

Long
BATS:TSLA   Tesla
Everything is going according to plan at Tesla. After our two entries, with the first one at $206 still open, we are still hovering around the $242 mark. As anticipated, we find ourselves in a rather complex correction that is not yet completed on the downside.
I expect a pullback for Wave C, which could range between the 50% and 61.8% Fibonacci retracement levels. The extent of the downward move remains to be seen, but I would suggest it may not be too deep. If we manage to form Wave C, we are on the verge of the significant and lengthy Wave 3, potentially reaching up to $300. Stay tuned for the ride! πŸš€βœ¨

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