$TSLA higher to go!

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Price continues towards price discovery finding resistance at the previous all time High Volume Node. Price is above the weekly pivot and 200EMA which is bullish and has momentum.

Wave © of C appears to be underway into price discovery with a target of $693 the R2 weekly pivot. This is because it has been printing a series of 3 wave structures. Wave B printed a triangle which is a pattern found before a terminal move reinforcing the Elliot wave count.

RSI is not yet overbought.

Safe trading

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