Two scenarios either Wave 4 still unfinished and will go down to 90/100 area then up to 170 area or will go up from here and wave 4 finished as triangle.
I am assuming here the triangle formation and will long with SL at the E wave. 200 SMA supporting the price as well.
You could argue it's bearish now but I feel there is last wave missing still...
The drop was part of an Expanding Flat correction in wave 4 and now should be ready to head to 15.4k area!
Also, look at the volume! It's huge!! If ends up green with good candle shape then it's bullish 100%!
TESLA might be forming a series of 1/2 which indicates a big bearish move underway which could take the price to 70/100 area and from there could start a new trend to 3k area.