TSLA: CANDLES SPEAK: 29.04.2021

TSLA closed below the 100 and 50 MA lines, stopping short from making a bearish 8/20 EMA cross. Apparently, the stock is in the middle of sell-off, a.k.a. wave 3 of C in Elliott Waves.

Possible targets for wave C (red rectangle):
450, or 50% off the top;
325, or 64% off the top;
– timing – 1-2 months.

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