An interesting convergence of trendlines on TSLA

Everything hinging on 176.56 where there is very strong support. There is very little to say that the price is not headed downward, but how far below 176.56 will it go? Will it stay there? Would love other opinions. Thought this was interesting when I discovered it. I don't trade TSLA so anything informative anyone has to say about it (preferably cold diagnostic opinions from people who aren't holding shares) is welcome.