Bullish on $TSLA
Tesla jumped back from the resistance around $360. Based on Ichimoku cloud,
- Price < Conversion line indicating short term stress, though above Kumo cloud-
- Conversion line above base line, medium term bullish
- Price < Base line indicating Medium term stress
- Area of Kumo cloud widening, Senkou A above Senkou B, still bullish. Senkou A & B both increasing at the end.
- Lagging price above price candles, indicating bullish
- Price < Conversion line indicating short term stress, though above Kumo cloud-
- Conversion line above base line, medium term bullish
- Price < Base line indicating Medium term stress
- Area of Kumo cloud widening, Senkou A above Senkou B, still bullish. Senkou A & B both increasing at the end.
- Lagging price above price candles, indicating bullish
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