Based on technical analysis tesla might continue to fall between 770-730.and rebound from there.thus start its bullish run to a minimum of its all time high.but its all based on technical analysis there should be proper risk management..though it will take take time..till that wait and watch out for fundamental analysis, which can effect this stock as it’s CEO is...
There is a cup and handle chart pattern formed and breakout as well as news regarding the spice jet.so it may be good trade in my opinion.but no one can exactly predict market so make proper risk management.