Tesla Poised for a Major Rebound Before a Deeper Correction!
Our Elliott Wave analysis suggests that Tesla is gearing up for a strong rally to the $428 region by the first week of February. However, we anticipate a sharp correction thereafter, with the price dipping towards $310 by the last week of February before launching into a massive bullish wave, ultimately breaking the $500 resistance!
This movement aligns with our wave structure, where we expect a short-term rally before a necessary correction sets the stage for a parabolic move upwards.
This movement aligns with our wave structure, where we expect a short-term rally before a necessary correction sets the stage for a parabolic move upwards.
VITAL DIRECTION ~ Wealth Matters
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VITAL DIRECTION ~ Wealth Matters
Read the full article on our website: vitaldirection.co.uk/analysis/
Join our Telegram community to stay updated: t.me/+uO1myDok2eQwMWM0
Read the full article on our website: vitaldirection.co.uk/analysis/
Join our Telegram community to stay updated: t.me/+uO1myDok2eQwMWM0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.