EW Video Analysis – TESLA – Powerless

TESLA also has to follow the rules of the market. The market has psychologically derived patterns, Elliott waves.

• Tesla Inc. – WKN: A1CX3T – ISIN: US88160R1014 – Price: $171,050 (Nasdaq)

Elliott Wave Analysis – Tesla

TESLA is expected to be positive in the future. Prices will rise as part of a larger car 1-2-3-4-5 responsible for that. What is important first is whether a sustained low can occur, see a detailed Elliott wave video analysis.

Price development in daily chart (logic candle display / 1 candle = 1 day)

Stability is visible, although not yet developed. In general, the electric motor still lacks power.

Conclusion:

The wonderful story continues with respect.

Price development in daily chart (logic candle display / 1 candle = 1 day)

I wish you success in your decisions and do not get into trouble, as this leads to wrong decisions.

André Tiedje – Elliott Waves Expert, Technical Analyst and Trader at stock3.com

The author is invested in the securities or underlying assets discussed at the time of publication of this analysis.

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