Tesla may rise to 238.00 - 246.00

Pivot

224.70

Our preference

Long positions above 224.70 with targets at 238.00 & 246.00 in extension.

Alternative scenario

Below 224.70 look for further downside with 215.00 & 203.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

253.20

246.00

238.00

233.00 Last

224.70

215.00

203.00

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