Tesla Has been in a downtrend since Jan 25 2021 as denoted by the descending trendline which is now green. You can see that the market has broken that previous resistance line and it has become a support line. The market is on its way down to test that as support now and I am banking on it holding up. It is a simple setup and the buy and sell margins have confluence from the trend-based fib extension as denoted in light blue horizontal lines.