$TSLA TOP 20
Added 2025-05-11 19:07:06 +0000 UTCI can not fault our chart so far, the price action has not given us any surprises.
Price is also above all important MA's now too in spite of a very terrible ER this season.
My one concern is that the pull back since $488 in Nov is arguably in 5 waves.
So if $TSLA only bounces in 3 waves next and rejects and the amber fib levels, particularly between $351 - $383 then we are looking at a Wave B bounce here too and Wave C will be next to a lower low below $214.
But honestly it is a tight call.
I will leave my overall impulse count on the chart but be mindful of the rejection amber levels.
Comments
$TSLA approaching $351 level Cap talked about.
safoo
2025-05-14 15:56:28 +0000 UTCthank you CAP, i have a big exposure in TESLA
MuaSer
2025-05-12 05:00:43 +0000 UTCWith robotaxi supposedly about to launch I’m leaning towards we don’t see a lower low. But this stock is a breed of its own and can do anything.
James
2025-05-11 19:21:36 +0000 UTCI do not have a position here but I will advise if I see any rejections for sure
Gareth Neary
2025-05-11 19:20:54 +0000 UTCThank you very much for the heads-up, Cap. I’d really appreciate it if you could alert us when it’s time to sell to avoid a drop as big as the Wave C you mentioned.
Pacus
2025-05-11 19:20:27 +0000 UTC
