$TSLA change in trend. Kumo twist.
Tesla Motors ($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 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, $TSLA has not start its international expansion
Since mid-Feb, Dow Jones Transport ($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.