Tesla down 20% in two days what next?

I'm not sure what's next and no one knows what is going to happen next. But Tesla is down 20% in two days. They've split their stock and they've used every marketing trick in the book. Short interest is also down to about 8% or maybe EVEN lower. I think that's the lowest it's ever been.

It will be interesting to see what happens next but myself personally will be watching two levels closely that I've shown on the chart.

1. The support from July is an area that may either find some buyers or some slow down in selling. Let's see.

2. Right around those levels comes into play the trend line from the March lows. We shall see if that can hold as well.