I don't pay any attention to TA, but, I've observed what appear to me to be some general human behaviors around stock pricing.
My strong sense of past experience is that dropping through a big round number, i.e., $200, is usually followed by an accelerating fall. This is the case even without someone screaming "Code Red" for the headlines to repeat.
I am more than a little optimistic that we are hearing from the quiet, but, large amount of informed rationality following Tesla. They don't make outrageous statements aimed at your nervous system, they don't try to pose a fabricated air of 'intimidation' or 'authority,' they are not willing to say anything whether they believe it to be true or not... but, they sure look like they are here, and we are hearing from them in the stock price.