News Analysis Tesla Inc. was trading more than 13 percent higher on Monday, crossing above $1,000 a share and surpassing a $1 trillion market value. Earlier in the day, Morgan Stanley raised its price target on the electric vehicle marker to $1,200. The fuel for the move came Oct. 21 following a bullish reaction to Tesla’s third-quarter earnings print. Technical traders may have seen the break out coming, however, because Tesla had created a bull flag pattern on the daily chart, with the pole formed on Oct. 15 and Oct. 18 and the flag between Oct. 19 and Oct. 20. Tesla Chart Tesla gapped up over 4 percent higher on Monday and later in the trading day reached a new all-time high of $1,045 per share before retracing slightly on the daily chart. The closest lower gap between $910 and $944.20, paired with another gap between $843.21 and $849.74 makes …