NASDAQ:TSLA TESLA MTRS INC
Such a break of upward trend does not look random.
The signal lines give pretty poor signals. In late November the lines crossed, one week before the "pink +" sign you have labeled at the 123 level. The cross back up happened in Feb, as you labeled, at the 183 level. That's a losing trade of nearly 50%. Yikes. If you do a parallel channel to the Sep-March peak using the highest lows, then it would be still within that band. The highest lows represent stronger buyers, as opposed to the highest highs which represent the weakest buyers (who pay "up"). That's what is great about Technical Analysis... it is an "art" and open to interpretation. Thanks for posting your chart. And why the penguin? Funny.