The EV carmaker shares gapped up following positive news after it cut the prices for its models. Near area 300 there are both the 61.8% Fibonacci resistance of the downtrend from all time highs 414.5 (in current prices post stock split) to 100 $ area.
A breakout above 300$ would be a relevant technical bullish signal for testing again 414.5. In case the double resistance would be able to bounce buyers activity prices would test 260 possibly and likely 225 if selling pressure would be more severe.
