Tesla may fall to 202.90 - 209.00

Pivot

222.20

Our preference

Short positions below 222.20 with targets at 209.00 & 202.90 in extension.

Alternative scenario

Above 222.20 look for further upside with 234.00 & 240.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

240.00

234.00

222.20

214.26 Last

209.00

202.90

194.90

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