Tesla may fall to 170.80 - 173.20

Pivot

178.00

Our preference

Short positions below 178.00 with targets at 173.20 & 170.80 in extension.

Alternative scenario

Above 178.00 look for further upside with 180.00 & 181.80 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

181.80

180.00

178.00

176.31 Last

173.20

170.80

168.00

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