Tesla Inc (US: TSLA) has been stopped out based on our report dated 11th Jan 2022 but we also mentioned in that report that the stock will likely find its rebound at US$880-US$853 and it did rebound at the zone on Monday. Wave analysis also pointed out a return of the bullish sentiment:
*Expected timeline of the trade is 20 weeks from the date of report issuance.
CHART LEGEND
Ichimoku Kinko Hyo
Red dotted line = 26 periods Kijun-Sen
Blue dotted line = 9 Periods Tenkan-Sen
Green Line B= 52 periods Senkou Span B
Pink Line A = 26 periods Senkou Span A
Black line = 26 periods Chikou Span. Lagging line
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