TESLA INC. - TSLA - 09/13/2023 (GMT)

The recent interesting story from the US stock market this week is Tesla. After Morgan Stanley had raised the rating of the company to “overweight”, increasing the price target towards $400, it produced a massive breakout from a widening chart formation. It provoked a profit taking, which pushed the price down. 
Now the potential target of the downside move is $255-259, which is a gap level from the recent breakout. Price may find support within this area as shown in the chart.