Tesla may rise to 259.60 - 268.70

Pivot

231.40

Our preference

Long positions above 231.40 with targets at 259.60 & 268.70 in extension.

Alternative scenario

Below 231.40 look for further downside with 218.70 & 203.00 as targets.

Comment

The next resistances are at 259.60 and then at 268.70.

Supports and resistances

278.10

268.70

259.60

246.44 Last

231.40

218.70

203.00

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