Tesla may fall to 232.00 - 237.70

Pivot

250.00

Our preference

Short positions below 250.00 with targets at 237.70 & 232.00 in extension.

Alternative scenario

Above 250.00 look for further upside with 256.60 & 264.50 as targets.

Comment

As long as 250.00 is resistance, expect a return to 237.70.

Supports and resistances

264.50

256.60

250.00

241.71 Last

237.70

232.00

226.00

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