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$Tesla (TSLA.US)$ tesla broke into 700s like I mentioned in ...

$Tesla(TSLA.US)$ tesla broke into 700s like I mentioned in the video uploaded on Sunday. 600s is clearly in the picture by the end of the correction. Ultimately my price target for tesla is at 550 to 600 by the end of wave 5.

Buying the dip here is definitely better than buying it when it was 1000 and 1100 which was what I said 1 to 2 months back. Some felt we won't see lower and 1000 is cheap. But now here we are at 700s.

I'm objective and not emotional. When it is a clear downtrend and distribution, I stay off the buy side until it clears. Good news is we are almost over. Hang on tight for few more weeks of sell off and we will see a good nice rebound on tesla. I have tagged the video below for you if you need your entry points at support levels.

As always trade safe and invest wise!

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