Bull Trend
Simple analysis-- 
TSLA is fighting the 50 day MA currently, however it appears it may have broken from a descending parallel channel on the lesser timeframes. I believe this, concurrent with the bounce off of the larger parallel channel support line, signals a bullish trend up until our major resistance around the ~$360 area.
TSLA is fighting the 50 day MA currently, however it appears it may have broken from a descending parallel channel on the lesser timeframes. I believe this, concurrent with the bounce off of the larger parallel channel support line, signals a bullish trend up until our major resistance around the ~$360 area.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.