$Tesla(TSLA.US)

Tesla’s price seems to be in an ending diagonal fifth wave of a C wave.

That would mean a sizeable pullback on the horizon.

Immediate support is 330 and resistance at 440 followed by 458 must be overcome with volume. Otherwise there is even the possibility of the most recent high as a completed C wave and this being a B wave. That is very much a possibility.

Not a risk worth taking in my opinion.

@Longbridge Singapore @Bridge Buzz SG

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.