Tesla may fall to 226.00 - 233.00

Pivot

246.00

Our preference

Short positions below 246.00 with targets at 233.00 & 226.00 in extension.

Alternative scenario

Above 246.00 look for further upside with 258.00 & 265.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

265.00

258.00

246.00

240.56 Last

233.00

226.00

218.00

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