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$TSLA breakout wave count UPDATED
Here is an UPDATED count for TSLA's breakout of its contracting triangle
TSLA 4H CHART
- Completed macro wave 4, now forming macro wave 5
- 5 wave structure to form wave 1 of macro 5
- We are in smallest degree wave 3... tgt 472, if we push through with no pullback, wave 3 could form at 499
- Assuming we pullback from 472, watch for 442.35 - 452, then leg up to final target of 496
- This would be invalidated if price fell below 423,
- If wave 3 pushes through that 472 target, then that final target of 496 will also be raised
Ultimately, I thinkTSLA could very likely see $496-500 over the course of the week
TSLA's breakout of its contracting triangleTSLA 4H CHART- Completed macro wave 4, now forming macro wave 5
- 5 wave structure to form wave 1 of macro 5
- We are in smallest degree wave 3... tgt 472, if we push through with no pullback, wave 3 could form at 499
- Assuming we pullback from 472, watch for 442.35 - 452, then leg up to final target of 496
- This would be invalidated if price fell below 423,
- If wave 3 pushes through that 472 target, then that final target of 496 will also be raised
Ultimately, I think
TSLA could very likely see $496-500 over the course of the week
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