Tesla may fall to 194.00 - 203.00

Pivot

231.00

Our preference

Short positions below 231.00 with targets at 203.00 & 194.00 in extension.

Alternative scenario

Above 231.00 look for further upside with 244.00 & 258.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

258.00

244.00

231.00

224.26 Last

203.00

194.00

180.00

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