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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