Category Transport

$TSLA . Change in trend

$TSLA change in trend. Kumo twist.

 

Tesla Motors ($TSLA) run seems to have peak.

On the Ichimoku chart, it shows that $TSLA has retrace from the peak of around $260 and is now trading within the kumo.

Support level is expected at $193.94 while resistance is at around $218.79

The leading kumo has twisted suggesting that a change in trend is imminent.

 

$TSLA . Below $200. Ready to go higher

TSLA below 200

 

$TSLA has climb steadily upwards since its IPO.

Currently, it has cleared the Resistance from the Chikou Span at around $193 .

I believe it will be ready to move beyond $200 soon.

After all, $TSLA has not start its international expansion

 

$TRAN . Dow Jones Transport Kumo Twist

Since mid-Feb, Dow Jones Transport ($TRAN) has not been confirming the bullish move.

It has move lower and 2 signals has been sighted since:

1. A bearish cross between Tenkan sen and Kijun sen

2. The leading kumo has twisted; suggesting that the trend has change.