Comeback kid?
アップデート済
Tesla is making a much bigger comeback then I expected. I have marked on the chart the best count I can see up to this point. As I have stated in the past wave 3's are very strong, which this has been.
We've extended up almost to the 2.618 fib line of Wave 1 which should hopefully halt this rally. Since then Tesla dropped and then came back up a little. That is hopefully the start of our wave 4. If so, we can expect a deep/long retrace because wave 2 was shallow/short. We can say this because of the rules of alternation between wave's 2 & 4.
Tomorrow will tell us if we are to extend higher yet, or start our descent for wave 4. If we do start heading lower tomorrow I'll give some updated targets in a weekend update.
Bonam Fortunam,
--Tyler
We've extended up almost to the 2.618 fib line of Wave 1 which should hopefully halt this rally. Since then Tesla dropped and then came back up a little. That is hopefully the start of our wave 4. If so, we can expect a deep/long retrace because wave 2 was shallow/short. We can say this because of the rules of alternation between wave's 2 & 4.
Tomorrow will tell us if we are to extend higher yet, or start our descent for wave 4. If we do start heading lower tomorrow I'll give some updated targets in a weekend update.
Bonam Fortunam,
--Tyler
ノート
I would not be surprised if Tesla makes OMH tagging the 2.618 fib line and finishing wave v of 3.
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
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