$Tesla Motors(TSLA)$ has a rea

2023-10-26

$Tesla Motors(TSLA)$ has a really nice downtrend developing that is adhering to the Elliott Wave patterns. This week's low reached the 1.618 extension of the previous down move. This week's low might be the end of a 3rd wave (or the end of a C wave as an alternate).

I'm leaning towards the 3rd wave ending, followed but a sideways triangle as a 4th wave. Then, the 5th wave lower carries TSLA down to $181 (ouch!).

TSLA: TSLA Loosing Some of Its Electric Shock

Will Tesla head to $200 after it missed earnings?

Tesla reported adjusted earnings of 66 cents a share, missing the estimates of 73 cents; third-quarter revenue was $23.4 billion, up 9% from a year earlier but short of the $24.1 billion forecast. Its gross margin fell to 17.9%, down 7 percentage points from a year earlier. --------------- Will Tesla head to $200 after it missed earnings? At what price will you bottom Tesla? How do you interpret Tesla earnings?

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shoxy
2023-10-27
shoxy
Great ariticle, would you like to share it?

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This week's low reached the 1.618 extension of the previous down move. This week's low might be the end of a 3rd wave (or the end of a C wave as an alternate). I'm leaning towards the 3rd wave ending, followed but a sideways triangle as a 4th wave. Then, the 5th wave lower carries TSLA down to $181 (ouch!).<img alt=\"TSLA: TSLA Loosing Some of Its Electric Shock\" title=\"TSLA: TSLA Loosing Some of Its Electric Shock\" src=\"https://community-static.tradeup.com/news/1e86d3b965ca5068212cbd3e7d3e7051\" tg-width=\"932\" tg-height=\"550\">TSLA: TSLA Loosing Some of Its Electric Shock</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"TSLA\" class=\"teditor-mention\" data-mention-name=\"Tesla Motors\" href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> <v-v data-views=\"0\"></v-v> has a really nice downtrend developing that is adhering to the Elliott Wave patterns. This week's low reached the 1.618 extension of the previous down move. 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