Elliott Wave Technical Analysis: Tesla Inc. - Thursday, Nov. 9

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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

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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.  

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