The analysis indicates that TSLA is trading within a channel. Key resistance levels are identified between 351.39 and 359.67, which the stock has repeatedly tested. A breach below 329.94 could lead to a decline towards 311.38 within two to three weeks, which is the channel bottom. A failure to break below this support could trigger another rally towards the channel top at 352.29. A weekly close above 359.67 will cause a retest in the upside. The longer term target is the 5 year channel top at 521.96. There is a scenario where it may fall into the 260's in the next several months. If 311.38 is broken there will be continued bearish activity.