Tesla retraced back to 170, a 3rd scalar event in the 10-point scale of its linear chart - the 1st being 130 and the 2nd being 150. Will it break 170 and test 150? The probability of it reaching 150, on a scalar analysis perspective, is 50-50, therefore I wouldn't bet on it. I'd rather go for high probability events such as the 3rd and 4th events. Unfortunately, we have to wait a few more weeks for another one of those to happen. But if it shows up on the buy side, I'll definitely increase my holdings. View chart here.
Disclosure: I am long TSLA.