Elliott Wave Theory on Tesla

Looks like the price is finding it hard to break the resistance line, we should wait to see where it wants to go.

I think we just had a wxy as B wave or 2nd wave before having C down or 3rd down.

If it breaks trend channel around 650$ then we could short again to at least 0.618 support line at 568$.

If it bounces and closes at new all time high then we shall go for higher highs.