Tesla may fall to 226.00 - 232.00

Pivot

246.30

Our preference

Short positions below 246.30 with targets at 232.00 & 226.00 in extension.

Alternative scenario

Above 246.30 look for further upside with 250.00 & 256.60 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

256.60

250.00

246.30

238.77 Last

232.00

226.00

219.20

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