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TSLA - still in acceleration mode

Rally in TSLA went up parabolic in the strongest part of the rally, subwave ( c ) of wave ( iii ) up. This is the most dangerous spot to short. The price is still in acceleration mode. It can stop at 511.60, which is 123.6% ext of subwave ( a ) of ( iii ) . But we fist should get a quick dropn in wave iv of one degree lower, I mean iv of ( c ) of ( iii ) followed by another push higher in micro wave v up of ( c ) of ( iii ). There is no good setup at this point in TSLA.

TSLA - Daily chart updated on 1-12-2020

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