Tesla may rise to 234.00 - 240.00

Pivot

218.30

Our preference

Long positions above 218.30 with targets at 234.00 & 240.00 in extension.

Alternative scenario

Below 218.30 look for further downside with 210.50 & 206.00 as targets.

Comment

The next resistances are at 234.00 and then at 240.00.

Supports and resistances

246.40

240.00

234.00

227.72 Last

218.30

210.50

206.00

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