Tesla
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Tesla : Wave B rally

Yesterday a small rally wave b was expected, but did not happen. However, the larger support at 650 did hold after a spike down. This means price has finished wave A and is now in a wave B up. Looking at resistance around 760. This is again a very bearish count, but can be expected as speed increases in the downtrend. The alternative is a larger wave B with 760 being the end of the first part of wave B.
downtrendteslaWave Analysis

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