Is tesla really bearish now. possibly

TSLA has gotten out of its long and consistent channel. I would be careful at these levels still if you are trading options. for those that are long term investors it would be a good buy now or you can wait if tesla goes back into its channel. Just remember usually after a break out price always retests previous support/resistance and heads down or up to its new trend. Would could happen is a possible retest of its previous support and then drop lower below the ichimoku cloud. on another note, the other possibility could be that the price makes an attempt to get back into its channel but 790 is an important price to reach and hold for tesla.