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Februar 11th, 2014: TSLA Wave Count Update

Posted by pugsma on February 11, 2014

4:25 pm EST:  Nearly 1 month ago (Jan 14th, 2014) I offered my first TSLA E-wave count projecting TSLA would move from the $116 low to a new all-time high near $220.  Today TSLA hit a new all-time high of $202.40, which is very near my minor 3 of major [5] target of $204.   There should be a minor 4 wave consolidation above a 38% fib retrace of the latest minor 3 wave gains and then at least one more up in minor 5 to the $220 to $250 range.

TSLA weekly chart (2-11-14):

PUG TSLA weekly chart EOD 2-11-14

TSLS weekly chart (1-14-14):

pug-tsla-weekly-chart-eod-1-14-14

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