TSLA - Chart Link here's a chart showing those two scenarios I discussed on TSLA, one spending a longer time consolidating by forming a coil which would have the low in place but would need another month forming the d and e waves, currently can only count a,b,c waves.

the second shows a conventional abc zig zag where c would take out the low of a and you would get a deeper price collection that would probably end sooner than the abcde triangle but new lows would occur