Teslas old support and resistances have flipped. To wait to see if either new trend line is broken and a new trend establishes is imperative. But with the market beeing so bearish the new support will probably be the one to break and a continuation of the bearish trend will most likely continue. however the lower the price moves the better the profit margins will be when trend eventually reverses.
TSLA
TSLA 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.