Tesla
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TSLA to 1000

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Tsla is in a ABC Elliott triangle wave and we are approaching the end of wave E.
TSLA had a similar elliott triangle wave pattern that started around sept 2020 and ended around mid nov 2020 that took TSLA from 440 to 900.

I will be watching my buy points which are 614.19 and 630.69.

Wait till TSLA drops to around 630.69. If 630.69 holds and we see volume and a confirmation candle then enter calls.
If we break the upper trendline i would wait till we break 700 to buy calls in case of a false breakout.

With strong earnings this week from FAANG and TSLA of course, we have a potential for a massive run incoming.

My PT 1120.50
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TSLA is holding up nicely.
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TSLA broke through my buy zone at 700. i will look for a retest of 700 then we go higher
Chart PatternsElliott WaveFibonaccioptionstradingstockmarketanalysisstockmarketsStocksstocksignalstradingsignalsTesla Motors (TSLA)

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