Tesla may fall to 195.00 - 202.90

Pivot

222.10

Our preference

Short positions below 222.10 with targets at 202.90 & 195.00 in extension.

Alternative scenario

Above 222.10 look for further upside with 232.40 & 238.50 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

238.50

232.40

222.10

213.87 Last

202.90

195.00

185.00

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