TSLA Might Still Have Some Legs
Although I do believe telsa is quite overvalued at the moment, I do believe she may have some legs to run here going into January before a larger correction.
Looking to flip the previous ATH into support here before a final pump which may be the short opportunity for Tesla.
Lets see how it plays out
Looking to flip the previous ATH into support here before a final pump which may be the short opportunity for Tesla.
Lets see how it plays out
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Taking the long trade from off the prev ATH. บันทึก
paying attention to this downward trendline
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Potentially bat harmonic, would be considered bullish on the drop, reclaim of the prev ATH would be a great sign of strength.
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stopped out on the drop , will be looking towards 365 as my next level บันทึก
Looking to take a new long trade on a reclaim of this downtrend. Will be watching a potential gap up on monday for this scenario with the potential harmonic playing out
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No reclaim of the level, and looking for further support.
I have realized we may be in a potential impulse wave here to the downside, as elliot waves are currently being respected with the wave 2 pivot at the 0.618.
Using the trend based fib extension, it is suggesting that we may revisit the weekly level at $352, in line with the 1-1 extension and a sweep of the previous low, into the weekly, before recovering higher.
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Also keeping an eye on something like this
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Nice
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Lets see the resistance above us in the coming days
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