Tesla may fall to 168.00 - 171.30

Pivot

177.00

Our preference

Short positions below 177.00 with targets at 171.30 & 168.00 in extension.

Alternative scenario

Above 177.00 look for further upside with 179.80 & 181.90 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

181.90

179.80

177.00

174.97 Last

171.30

168.00

163.50

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