THE DECLINE FROM $900 TO $538 IN IMPLUSIVE MANNER PROVES THAT THE PEAK IS IN PLACE, AND THE FIREST LEG OF CORRECTION ALSO HAS COMPLETED IN TESLA. THE REBOUND SHOULD BE IN THREE MOVES AND MOSTLY WILL HIT $760(61.8% OF A) AS A COMMON RETRACEMENT , MOST OF THE TIME WAVE B RETRACES 38.2%-78.6% OF WAVE A, IT DEPENDS UPON THE STRUCTURE OF WAVE B( IF WAVE B IS ITSELF A ZIGZAG IT RETRACES 50% -78.6% OR IF IT IS A TRIANGLE IT RETRACES 38.2% -50%, HOWEVER AS I SAID BEFORE THE LEVEL OF 500 SHOULD BE BROKEN
NOTE: $360,$410, $435 ARE THE MOST LIKELY NUMBERS COULD TESLA REACH TO ONE OF THEM IN CASE OF WAVE C= WAVE A (THE MOST COMMON FIBONACCI RELATIONSHIP IN SINGLE ZIGZAG) EQUILTY IN LENGTH
ALSO NOTE THE PRIMARY GUIDELINE ACCORDING TO ELLIOTT WAVE THEORY WHEN CORRECTION IS ITSELF FOURTH WAVE IT WOULD REACH THE ZONE OF WAVE FOUR WITHIN WAVE THREE (LOOK AT THE TRIANGLE THAT I POINTED OUT IT , THAT IS THE SUPPORT AREA WHERE CORRECTION MAY END THERE
