Tesla may rise to 181.80 - 183.80

Pivot

178.00

Our preference

Long positions above 178.00 with targets at 181.80 & 183.80 in extension.

Alternative scenario

Below 178.00 look for further downside with 175.50 & 173.20 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

186.80

183.80

181.80

179.75 Last

178.00

175.50

173.20

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