(Update) TSLA

TSLA reached the $633 support last week, as correctly anticipated in last week's commentary. Prices then closed above the $757 level (the alternative scenario that was also discussed) on Friday. With this price action and also MACD formed a golden cross, there is a possibility of a TSLA uptrend. Nearest resistance is $806 with a further one at $874. Alternatively, a daily close back below the $680 could trigger a near term retest of $633 or $558 support.