Tesla Forms Bull Setup
May 9, 2023

TSLA

Tesla made nice and clean impulsive five-wave recovery from the lows that is now followed by a three-wave A-B-C correction, which from Elliott wave forms a bullish setup and suggests bigger recovery.

Tesla Forms Bull Setup 4H CHART
Tesla 4H Chart

Tesla is now coming down into a support as mentioned few weeks back on twitter. Looks like wave C is now at the support, deeper one is 140. Invalidation level is at 102.

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