TESLA
Looking at $TSLA for tomorrow.
There are actually two likely potential paths from here:
Scenario 1 in blue - a high (B) to $443.21 and a high (C) to $408.71.
Scenario 2 in purple - a standard .382 retrace to (B) at $432.31, followed by a full .618 retrace to $398.16 that also happens to currently be set up as a perfect measured move where the length of wave (A) = the length of wave (C).
Scenario 2 is stronger unless price action goes to the high (B) first at $443.21.
In either case, if you are a day-trader, you could try and catch a ride from the opening low to $432.31 then hold your finger over the sell button while you wait to see if price will go higher to $443.21.
As I said on Friday - the cruel thing would be if $TSLA gaps up in pre-market to a (B) before the regular session begins.
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