Tesla may rise to 264.50 - 271.00

Pivot

250.00

Our preference

Long positions above 250.00 with targets at 264.50 & 271.00 in extension.

Alternative scenario

Below 250.00 look for further downside with 244.00 & 235.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

277.30

271.00

264.50

258.50 Last

250.00

244.00

235.00

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