Tesla - Does minor A need another lowTesla, Inc.BATS:TSLATSuthLooking at the depth of the retrace made last Friday, I am left wondering if minor A is complete or not. I was counting the drop from the 11 March high as a 5-wave move. However, it could also be considered another smaller degree abc pattern with the micro-C-wave being carved out now. Price has already moved past all retracement fibs and is close to making another low. If that occurs, unless it is extremely minimal, I will consider the orange the correct pattern. I have warned that we didn't yet have confirmation and another low could be in the works. We may very well be getting that this week, but it is still too early to tell. If the orange does turn out to be right, then price will likely be targeting the $340-$320 area I have mentioned prior. Unless price begins to raise higher this week with some sort of strength (no hanging in this price range), orange is likely to play out. We will see, but don't be surprised if price drops another $20-$40 before minor B wave begins.