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TSLA NEOWAVE ANALYSIS (DAILY)
I thought of sharing this chart because the quality and pattern are working out to be excellent for the daily , and I'm curious to see where price will end up.
The pattern is an expanding triangle.
Normally, wave E will almost break above the A-C trendline.
Wave E is the largest, typically 138% to 161.8% of wave A or wave C, but it must be slightly longer than wave C.
Wave E appears to be most likely an impulsive 5 wave move with wave 5 just beginning.
The pattern is an expanding triangle.
Normally, wave E will almost break above the A-C trendline.
Wave E is the largest, typically 138% to 161.8% of wave A or wave C, but it must be slightly longer than wave C.
Wave E appears to be most likely an impulsive 5 wave move with wave 5 just beginning.
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