Tesla may fall to 218.00 - 234.00

Pivot

259.00

Our preference

Short positions below 259.00 with targets at 234.00 & 218.00 in extension.

Alternative scenario

Above 259.00 look for further upside with 270.00 & 279.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

279.00

270.00

259.00

244.92 Last

234.00

218.00

195.00

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