Last post on TSLA: https://bartscharts.com/2023/06/07/tsla-june-07-2023/
Staying w/ the preferred count shown in green. That being said, this could be, as shown on the alternate count the beginning of an a-b-c = Y move down … so, while this gives up a lot of the move, we’ll just use the EWT correction RULE that wave 4 cannot go below the end of wave 1. That level is around 220. As long as this correction (labeling it that right now) says above that 220ish level – then it is still game on and TSLA to new highs to finish a long term 5 wave sequence.
Hope this helps.
Very helpful, thanks Bart
The action of the last couple of days warrants a re-look of this chart, Bart
I most definitely think your right and thanks for giving me a heads up .. will check it out this weekend
Hi Bart, I hope you’re well. $TSLA is still baffling especially after this week’s actions. Update on the count please