@Elliottwave_Forecast:TSLA (TESLA) Favors Further Downside April 12, 2023 By EWFRaj TSLA Showing impulse Elliott Wave sequence as ((1)) higher started from 1/06/2023 low, which ended at $217.82 high on 2/16/2023. Below $217.82 high, it favors pullback in 7 or 11 swings correction in ((2)) against January low before upside resumes. It placed (W) of ((2)) at $163.91 low & (X) connector at $208 high on 3/31/2023. Below (X) high, it ended A of (Y) at $176.11 low & proposed ended B at $189.19 high. Below (X) high, it placed ((i)) at $192.20 low & ((ii)) at $198.74 high. ((ii)) was 0.382 Fibonacci retracement of first leg. It placed ((iii)) at $179.74 low & ((iv)) at $186.39 high. Finally, it ended ((v)) as A wave at $176.11 low in (Y). It proposed ended B wave $189.19 high in 3 swings bounce as 0.382
@HLPA:I had dipped into Keppel Corporation, BN4, and Sembcorp Marine, S51, shares when they were lower at 5.35 and 0.11 respectively i have always kept my faith to these two counters ever since talk of Keppel allowing SembcorpMarine to take over its marine arm, Keppel Offshore & Marine. Now that themergerhas been completed, both counters have risen higher. At this time of today, Keppel Corporation has hit a high of 5.77 and Sembcorp Marine has reached a high of 0.124. Both S51 and BN4 shares are expectes to trade higher in the months ahead given their newfound outlook.
@moonzo:I think that we may be in for a handsome recovery tomorrow.Here’s my rationale. Panic selling thanks to Yellen and Powell causing uncoordinated panic today. Once the dust settles down (you can see that in AH movements already), a repeat of tech being the place people put their money in from banks will occur. And by tech I mean the amazons and MSFTs of the world, that don’t depend on banks…$Amazon.com(AMZN)$