Tesla may rise to 246.00 - 253.40

Pivot

235.00

Our preference

Long positions above 235.00 with targets at 246.00 & 253.40 in extension.

Alternative scenario

Below 235.00 look for further downside with 225.00 & 218.00 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

259.00

253.40

246.00

238.28 Last

235.00

225.00

218.00

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