Sorry, turns out not much new. The indices had a chance to confirm a bottom today based on the charts I look at but ended up reversing instead and maintaining status quo - confusion. Depending on the close I was going to take my hedges off, but had to keep them instead. It is unfortunate, because the macro markets is the missing piece for me before I can play TSLA more aggressively.
TSLA did end up holding up and forming the hammer reversal candle on the monthly chart. At the same time bears and agnostic traders looking at short/medium term resistance are selling 195-205. My view is that long term technicals always supersede shorter term ones - in this case long term reversal candle(that not many are looking at) > short term resistance(that everyone is looking at). This dynamic has the making of a bear trap especially if we get above 205. This would have been significant had macro markets obliged, but as is I wouldn't act on it until further confirmation.
One more thing, after TSLA's monthly reversal, I am now no longer willing to buy it on weakness, but rather will buy(add to) it on strength. This might be counter intuitive, but the reason is because TSLA is now set up technically to go higher - so when it confirms this and actually does go up I will press and be more aggressive. However, if it acts differently than it is "supposed to" and goes down instead, I will sell. Pulling back to 180 would be fine, but anything below 160-70 would ring alarm bells. On the other hand, if we break above 205, and especially 220(the original price I said I would reenter at) it would be major buys and tipping points for shorts.
. Did they mean "per year"? Or will they offer a monthly color change option 
