Tesla may fall to 199.00 - 205.00

Pivot

219.00

Our preference

Short positions below 219.00 with targets at 205.00 & 199.00 in extension.

Alternative scenario

Above 219.00 look for further upside with 225.00 & 231.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

231.00

225.00

219.00

213.00 Last

205.00

199.00

191.00

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