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Tesla Inc.(TSLA:NASDAQ) Elliott Wave Technical Analysis 18 October 23


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Tesla Inc., Elliott Wave Technical Analysis
Tesla Inc., (TSLA:NASDAQ): 4H Chart, 18 October 23
TSLA Stock Market Analysis: We have been looking for a series of ones and two to then accelerate to the upside. The alternate count consists of a sideways wave 4 to pair up with wave 2 and invalidation would stand south of 205$. At this point we are looking for a bottom in wave ii with invalidation at 234$.
TSLA Elliott Wave Count: Wave {iii} of 3.  
TSLA Technical Indicators: 20EMA as support.
TSLA Trading Strategy: Looking for upside into wave iii of (iii) to start moving soon.  
TradingLounge Analyst: Alessio Barretta
 
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Tesla Inc.,  TSLA: 1-hour Chart, 18 October 23
Tesla Inc.,  Elliott Wave Technical Analysis
TSLA Stock Market Analysis: We are looking at a potential bottom in wave ii. It is worth noticing that the subwave structure of wave (ii) with a short wave a and a clear five wave move in c looks the same as the subwave structure of wave ii.  
TSLA Elliott Wave count:  Wave ii of (iii).
TSLA Technical Indicators: 200EMA as support.
TSLA Trading Strategy: Looking for upside into wave iii.
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