Tesla made a leap and exited the Ichimoku cloud.
After a three-month decline in quotes to the level of $600 per contract, Tesla made a growth spurt and broke through the trend line of the long-term downward channel. The situation was significantly changed by the Chinese market and sales growth in June was 142% and 135% higher than in the same period in 2021, as stated by the China Passenger Car Association. This fact was positively reflected in the deferred demand of the market and the contract price broke through the resistance of $700, after which it confidently fixed itself above $750 per contract. It is worth noting that at the level of 700 a bullish engulfing candlestick combination was formed, which is a strong technical signal for further confident growth. Not an unimportant addition is the exit on the price chart from the Ichimoku cloud with the potential to test the resistance level of $800-900.
After a three-month decline in quotes to the level of $600 per contract, Tesla made a growth spurt and broke through the trend line of the long-term downward channel. The situation was significantly changed by the Chinese market and sales growth in June was 142% and 135% higher than in the same period in 2021, as stated by the China Passenger Car Association. This fact was positively reflected in the deferred demand of the market and the contract price broke through the resistance of $700, after which it confidently fixed itself above $750 per contract. It is worth noting that at the level of 700 a bullish engulfing candlestick combination was formed, which is a strong technical signal for further confident growth. Not an unimportant addition is the exit on the price chart from the Ichimoku cloud with the potential to test the resistance level of $800-900.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.