Im not a technical trader but I think from an emotional sentiment perspective, assuming the macro market doesn't collapse anytime soon, this 230-240 range we saw leading up to this disappointing earnings report, is a new floor for the stock. I don't see any reasons from here why we'd dip below 230 ever again if we hold onto this 240-245 range for the rest of today.
emotional sentiment on TSLA will only improve from here over the next several months: ramping up volumes, deliveries of P85D and all the reviews, turning on auto pilot, new software update surprises, Detroit auto show speculation, then Q4 ER speculation which will certainly be better than Q3 in terms of quantity and gross margins along with outlook for 2015 given, further Giga factory progress reported, more Superchargers and service centers in China, we get closer to model 3 concept reveal, model x pricing and options released, first x test drives, etc.