Last post on TSLA: https://bartscharts.com/2024/04/29/tsla-april-29-2024/
I ALWAYS question my count … when the GREAT Connie Brown told me, emphatically, to STOP counting waves … I should have listened. Once you learn EWT and you count then, your pretty much hooked. I do appreciate EWT … ESPECIALLY THE CORRECTIONS. In fact, for me, it’s all about the corrective FORM and PROPORTION.
The diatribe about EWT was because for a while I’ve been BULLISH TSLA and it’s worked. However, based on ‘everything’ going on I was wondering if this stock will, in fact, go to new ATH’s. Right now, it should …but we have a BIG ONE getting in the way …
If your looking to create a map from OBSERVING the charts and it’s fluctuations below, you might ORIENT your perspective to DECIDE and ACT buy being a BUYER into the PATTERN ZONE and then, because it’s such a long term pattern, take some or a lot or all the profit. However, the ‘count’ that I’m sticking w/ is telling us we are in a wave 5 so, ultimately, this pattern should fail?
Guess we’ll have to wait and see .. for now, check out the wick on those candles. This is a BUY into the PATTERN.
