TeslaLong
Tesla doing well. Will have to observe next week
Based on Ichimoku cloud,
Price > Conversion line indicating short term bullish
Conversion line marginally below base line, though above Kumo cloud - a concern
Price > Base line indicating Medium term bullish
(d) Area of Kumo cloud narrowing, though Senkou A above Senkou B, still bullish
(e) Lagging price above price candles, indicating bullish
(f) Downward trend of conversion line a concern
TSLA seems to be defying overall market bearish trend for now. Definitely prices will increase next week and no definitive sell signal visible yet.
Price > Conversion line indicating short term bullish
Conversion line marginally below base line, though above Kumo cloud - a concern
Price > Base line indicating Medium term bullish
(d) Area of Kumo cloud narrowing, though Senkou A above Senkou B, still bullish
(e) Lagging price above price candles, indicating bullish
(f) Downward trend of conversion line a concern
TSLA seems to be defying overall market bearish trend for now. Definitely prices will increase next week and no definitive sell signal visible yet.
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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.