Tesla may rise to 218.30 - 230.90

Our pivot point is at 157.6.

Our preference

The upside prevails as long as 157.6 is support.

Alternative scenario

The downside breakout of 157.6 would call for 136.9 and 124.7.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 178.331 and 171.448).

Supports and resistances

243.6 **

230.9 *

218.3 **

205.5

179.24 (USD-last)

165.6

157.6 **

136.9 *

124.7 **

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