Tesla Inc (US: Tesla) Technical price action indicates a bullish return:
*Expected timeline of the trade is 20 weeks from the date of report issuance.
*Should prices fail to rally beyond US$1,150.00, there is a possibility that Tesla will revert back to the major support at the US$880-US$853 region.
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