Mkaihaan

Tsla Elliot Analysis

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NASDAQ:TSLA   Tesla
Currently Tsla is weaving it's downward (Bearish) waves at 1064, 2nd wave of it's 3rd of A larger cycle correction; the downturn flow is a continuum of a prospect of corrections as of (A,B,C) denoted as ''Minor'' correction to a completed first wave cycle as the 1st wave at 190, wave 3 at 818, 4th wave at the 547 range and fifth wave ended in the 1100 range, which is .618 times of wave 3 weaved from the end of the 4th wave (547).

Wave A will end at 816, wave B a small spike in the bearish downward will peak to 1064, wave C will land to 547 to 4th of the previous bullish cycle.

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