TSLA Earnings incoming , make or break moment?Tesla, Inc.BATS:TSLAGivtrade_Group Tesla is down 6% on the month and the chart is giving us a very clear picture heading into earnings let's break it down. After rejecting hard from the year high at $454, Tesla has been selling off through a descending wedge, now sitting at $391 with overnight already printing $385. The key zone to watch right now is the golden pocket between $364 and $381; this is where Tesla needs to hold. This level lines up with the 0.618 Fibonacci retracement and has been acting as a battleground between bulls and bears. The bear case: if Tesla fails to hold the golden pocket and earnings disappoint , we could see a flush toward $337, which is the full Fibonacci retracement level and a major structural support. The bull case: a hold of the golden pocket going into earnings with a positive surprise and we could see Tesla reclaim $417 and make a run back toward the year high at $454. A break above that and the all-time high at $500 comes back into play. Earnings drop next week. The reaction to the golden pocket in the next 48 hours will tell you exactly how the market is positioned going in. Hope you liked the anaylsis, make sure to follow for more