Tesla
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Why TESLA is STILL heading LOWER

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Hi Traders, Investors and Speculators of Charts📈📉

A quick analysis today on Tesla and why I'm still expecting the price of TSLA to head lower.

After a nasty Head and Shoulders Pattern on the monthly, TSLA has reached a selling climax and an automatic rally afterwards (which always follows a SC). However, if we look at the Wyckoff Method schematics, this is not yet the bottom. The bottom is expected to happen during phase B, which is the phase we're about to head into.

ST will always be LOWER than SC, therefore there will be another chance to accumulate TESLA at a lower entry.


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TSLA
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Not shorting specifically, just waiting for a lower accumulation entry point on TESLA
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First target reached
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TESLA 3D needs to see a higher high, otherwise risks making a lower low:
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Economic CyclesSeasonalityteslateslaanalysisteslaideateslamotorsteslashortTrend AnalysisTesla Motors (TSLA)tslaanalysistslaforecasttslashort

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