Tesla may fall to 233.00 - 240.00

Pivot

258.00

Our preference

Short positions below 258.00 with targets at 240.00 & 233.00 in extension.

Alternative scenario

Above 258.00 look for further upside with 265.00 & 271.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

271.00

265.00

258.00

248.91 Last

240.00

233.00

226.00

Number of asterisks represents the strength of support and resistance levels.