On April 15 the stock traded down to $184.32, below the $193.64 level that had marked the closing low the day of the last earnings report, Feb. 19. The stock closed at $193.91 on the 15th i.e. support held and for my purposes a new bull rally began.
From our April 7 post Tesla Just Above Multi-month Low With News of Reduction in Carbon Credits (TSLA):
...This gives us a couple support targests, $203 and then $193.Here's the 3-month action via Yahoo Finance:
If the stock blows past the lower it could drop as far as the hundred-buck range.
From Kimble Charting Solutions comes a possible explanation of the pause:
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