Tesla may fall to 233.00 - 240.00

Pivot

258.00

Our preference

Short positions below 258.00 with targets at 240.00 & 233.00 in extension.

Alternative scenario

Above 258.00 look for further upside with 265.00 & 271.00 as targets.

Comment

The index currently faces a challenging resistance area at 258.00.

Supports and resistances

271.00

265.00

258.00

249.99 Last

240.00

233.00

226.00

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