Overview: in the previous update, I proposed the idea that TSLA had bottomed and that we are in wave 1 of (A) of 3 to the upside.
Also, I noted that this ABC move since the bottom of Jan.6th 2022 can be very well a X wave that will be followed by a third zigzag to new lows later this year, but it is of very low probability based on what SPY and AAPL charts are showing.
Update: looking into the hourly chart, I think we are in wave (V) of c of 1, which I expect to complete around the middle of February.
Also, I noted that this ABC move since the bottom of Jan.6th 2022 can be very well a X wave that will be followed by a third zigzag to new lows later this year, but it is of very low probability based on what SPY and AAPL charts are showing.
Update: looking into the hourly chart, I think we are in wave (V) of c of 1, which I expect to complete around the middle of February.
