TSLA correction nearly done? ABC retrace coming to key support

TSLA has been retracing faster than rest of market.
Musk selling has not helped along with competition.
Now a "perfectly acceptable" ABC is near completion.

$ 909.15 - 921.86 is the KEY support zone to watch.
$ 957.22 - 961.77 will be the first resistance to bounce.
$ 879.24 is a MAJOR (very high timeframe) Golden Fib.
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only

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تعليق:

Target HIT

Here we are:

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Zoom IN (1 min) for a closer look at the expected support zone:

PERFECT ping on lower bound.
IF there is a bottom nearby,
THIS would be a perfect spot.

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تعليق:

We have a BOUNCE!

AND first target 961.77

sister fib of our bouncer.

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