Hi, guys!
I am not holding Tesla, but i couldnt notice that on daily chart, the price goes to 600 usd, if we apply Elliot Wave Theory.
Triangle formations are corrective patterns that are bound by either converging or diverging trend lines.
Triangles are made up of 5-waves that move against the trend in a sideways fashion. These triangles can be symmetrical, descending, ascending, or expanding.
Good luck!
I am not holding Tesla, but i couldnt notice that on daily chart, the price goes to 600 usd, if we apply Elliot Wave Theory.
Triangle formations are corrective patterns that are bound by either converging or diverging trend lines.
Triangles are made up of 5-waves that move against the trend in a sideways fashion. These triangles can be symmetrical, descending, ascending, or expanding.
Good luck!