Tesla may fall to 162.20 - 166.50

Pivot

173.30

Our preference

Short positions below 173.30 with targets at 166.50 & 162.20 in extension.

Alternative scenario

Above 173.30 look for further upside with 177.00 & 179.50 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

179.50

177.00

173.30

169.33 Last

166.50

162.20

158.00

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