TSLA's skid marks on the tape today remind me of Bear Stearns on the Friday before it failed.

Just sayin'.

There is an open gap that gets filled at $300.86.

Be that as it may as shown in a chart from earlier this week, TSLA looked like it was due to crash through the mid-point of the year at $316.

TSLA lost 316 with authority today. Below $300 over the coming hours/days could see a further spiral.

Once the shorts were squeezed out on the ‘420 tweet', there was little to no support once the line of least resistance was revealed in earnest again.

As I like to say, the first mouse got the squeeze, the second mouse gets the cheese.