The analysis suggests a bearish trend for TSLA over the next 2-3 weeks, anticipating a channel support test. After testing the $347.05 channel top, a move toward the $304.28 handle is expected. If TSLA opens below $336.45, it will act as day resistance, potentially keeping $324.45 in reach. The $324.45 - $325.57 area might contain today's lows, and a rally back into the upper $340s is possible by the end of next week. Swing traders might consider a short position from the $347.05 formation, expecting a 3 to 5-day target into the mid $320s. Profits can be taken on a short position, or a long entry made, with a potential rotation back into the upper $340s or low $350s. The channel bottom at $304.28 is identified as a key support, potentially defining the base as the analysis moves through August and into September. A close below $324.45 today could lead to $304.28 being tested. The analysis correlates $304.28 with a rising trend line on the weekly chart, originating from the lows at $304.33. The longer-term resistance in the $350s remains a factor. Upside potential exists if TSLA pushes above $336.45, keeping the $347.05 channel top in reach.