Tesla may fall to 203.00 - 215.00

Pivot

232.90

Our preference

Short positions below 232.90 with targets at 215.00 & 203.00 in extension.

Alternative scenario

Above 232.90 look for further upside with 238.00 & 246.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

246.00

238.00

232.90

221.26 Last

215.00

203.00

193.90

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