Stocks

Tesla may fall to 194.00 - 203.00

2024-08-03

Pivot

215.00

Our preference

Short positions below 215.00 with targets at 203.00 & 194.00 in extension.

Alternative scenario

Above 215.00 look for further upside with 225.60 & 234.00 as targets.

Comment

The RSI has broken down its 30 level.

Supports and resistances

234.00

225.60

215.00

207.61 Last

203.00

194.00

180.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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