TSLA Trade Set-up

TSLA has been taken behind the wood shed; but, a possible long trade set-up is available. This pullback clearly looks corrective. And, it appears to be a perfect W,X,Y,X,Z move down. W and Y were of equal length. Now, Z is about to reach the level where it too will be of equal measure at ~178.19.

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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