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February 4th, 2015: TSLA and TWTR Wave Count Updates

Posted by pugsma on February 4, 2015

1:15 pm EST:   Below are the updated TSLA and TWTR wave counts.

TSLA looks to have completed minor 2 of major [5]-P1 at 185.   Wave 3 of major [5]-P1 should be underway headed to a new ATH at 370, where minor 3=1.62*minor 1.   However, TSLA needs to hold above 177.22 or it’s likely that it has peaked in P1 and is a P2 correction of 50%/62% to 154/121.

TSLA weekly chart (EOD):

PUG TSLA weekly chart 2-4-15

TWTR looks poised for a big move up in wave major [3]-P3 headed above the ATH to 77.  However if price breaks below 34.62, then wave [2]-P3 will likely test the 88% retrace of 32.69 before wave [3]-P3 up begins.

TWTR daily chart (EOD):

PUG TWTR daily chart 2-4-15

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