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.
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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.
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