Tesla : Bull trap or run

19 Eki 2021

Tesla did not go lower as expected but broke resistance and jumped higher. The last wave from the 560 low looks very corrective with lots of overlapping waves. The EW count has price in a wave (y) of B where this wave (y) got extended and is now a bigger triple three. Tesla earnings are coming later this week and have always had red days after release. It will be interesting to see if this trend continues. If it does, it could be the start of a bigger wave down.