The initial upward move from 214 is corrective in nature. Since the current correction to 273 doesn't seem to be proper ABC correction, I am expecting further C wave correction to the Green box. Breaking the Red Box and the trendline with a retest will invalidate further downward correction. Based on the Major Indexes structure, I am not expecting Tesla to...
Tesla upside movement so far is a corrective structure ABC. Further upside is possible even if its a corrective structure. For now, a retrace can soon start to Green box. The retrace will also fill gaps.
Possible retrace to the Green box due to BAT harmonic pattern.
Filecoin is almost at the end of WXY correction and it's possible that the correction has already completed. Filecoin has to break the trendline in RED to continue uptrend. Breakout of WHITE trendline is required for the confirmation of uptrend.
IONQ seem to be starting final phase (Wave C) of downward correction. Breaking today's high would invalidate this wave C scenario as it's already extended a lot. Closing within the channel during this week would be preferable for this scenario. Wave C should take us to the red box. Note: This is my first idea. Feel free to provide suggestions to improve.
IONQ seem to be starting final phase (Wave C) of downward correction. Breaking today's high would invalidate this wave C scenario as it's already extended a lot. Closing within the channel during this week would be preferable for this scenario. Wave C should take us to the red box. Note: This is my first idea. Feel free to provide suggestions to improve.