Tesla may fall to 187.00 - 211.00

Pivot

263.00

Our preference

Short positions below 263.00 with targets at 211.00 & 187.00 in extension.

Alternative scenario

Above 263.00 look for further upside with 281.00 & 299.00 as targets.

Comment

As long as 263.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances

299.00

281.00

263.00

219.02 Last

211.00

187.00

160.00

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