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Tesla Inc., Elliott Wave Technical Analysis

Tesla Inc., (Nasdaq: TSLA): 4h Chart 17 November 2023

TSLA Stock Market Analysis: We have been monitoring Tesla for a potential bottom in place for a few weeks now. We could have found a turning point if we manage to confirm a five wave move to the upside into wave (i). Therefore we are looking for further upside to find support into a wave iv.  

TSLA Elliott Wave Count: Wave iv of (i)

TSLA Technical Indicators: Support on 200EMA.

TSLA Trading Strategy: Looking for longs into wave v.

TradingLounge Analyst: Alessio Barretta

Tesla Inc., TSLA: 1-hour Chart 17 November 2023

Tesla Inc.,  Elliott Wave Technical Analysis TSLA Stock Market Analysis: Looking for 235$ to hold as support to then confirm continuation higher into wave v. We could also be in a wave 1 of iii which would then open the possibility to a much larger upward move.  

TSLA Elliott Wave count:  Wave A of iv.

TSLA Technical Indicators: Support on the 20EMA

TSLA Trading Strategy: Looking for longs into wave v.

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