Tesla may fall to 203.00 - 212.25

Pivot

225.60

Our preference

Short positions below 225.60 with targets at 212.25 & 203.00 in extension.

Alternative scenario

Above 225.60 look for further upside with 234.00 & 246.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

246.00

234.00

225.60

216.89 Last

212.25

203.00

194.30

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