Elliott Wave Technical Analysis: Tesla Inc. - Thursday, Nov. 9
Image Source: Unsplash
Tesla Inc., Elliott Wave Technical Analysis
Tesla Inc., (Nasdaq: TSLA): 4h Chart, 9 November 2023
TSLA Stock Market Analysis: Looking for upside into potential wave I as we successfully turned higher after the anticipated bottom in wave (c). Looking for one more leg higher before a potential pullback in wave ii.
TSLA Elliott Wave Count: Wave i of (i).
TSLA Technical Indicators: Between averages, 20EMA as support.
TSLA Trading Strategy: Looking for upside into wave (i).
Analyst: Alessio Barretta
Tesla Inc., TSLA: 1-hour Chart 9 November 2023
Tesla Inc., Elliott Wave Technical Analysis
TSLA Stock Market Analysis: Potential triangle into wave 4 of substitute wave i. Looking for the 215$ to hold in order to confirm the triangle. We could expect a sharp move into wave 5 before turning lower for a pullback.
TSLA Elliott Wave count: Wave 4 of i.
TSLA Technical Indicators: Between averages.
TSLA Trading Strategy: Looking for quick longs into wave 5.
More By This Author:
Elliott Wave Technical Analysis Day Chart: U.S. Dollar/Japanese Yen - Thursday, Nov. 9
4-Hour Chart Elliott Wave Technical Analysis: USDJPY - Thursday, November 9
Elliott Wave Technical Analysis: ETHUSD - Thursday, November 9
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817