TESLA: Falling wedge recovery

TESLA has not participated in any buying in the larger market. But it's fallen consistently. I see a channel forming from the range in 2024. Also a falling wedge pattern developing on the 1HR. This is falling towards a semi weak support zone with a 15 min reverse H&S. Although it's below the 0.5 fib level, my view is that downside is limited and can react at this level.