The initial upward move from 214 is corrective in nature. Since the current correction to 273 doesn't seem to be proper ABC correction, I am expecting further C wave correction to the Green box. Breaking the Red Box and the trendline with a retest will invalidate further downward correction. Based on the Major Indexes structure, I am not expecting Tesla to retrace below 213 as depicted by red line .
Note
**Disclaimer** : All details shared here is for educational purpose only. Please do your own research and consider appropriate risk management before making short term or long-term investment decisions.
Approach Market always with probabilities and make sure risk management in place.
Request your support by like, comment and follow
Note
**Disclaimer** : All details shared here is for educational purpose only. Please do your own research and consider appropriate risk management before making short term or long-term investment decisions.
Approach Market always with probabilities and make sure risk management in place.
Request your support by like, comment and follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.