The price is currently moving down along a 45° angle with bounces
at key fib levels turning into increasingly larger runs ( traps).
If from December is retested and fails then serious doubt
about the much hyped technology could trigger another cliff dive down to $207.
If support at $268 holds then we might see a lot of sideways bouncing
between $268-$279. This could go on until the 6th or 7th January when
we reach the 3/1 from $314.
Considering the general trend Bulls should have a hard time breaking that line.
Disclaimer: I'm not an investment advisor. These are just my personal thoughts about price.