Tesla may rise to 198.70 - 202.30

Pivot

192.00

Our preference

Long positions above 192.00 with targets at 198.70 & 202.30 in extension.

Alternative scenario

Below 192.00 look for further downside with 188.70 & 185.40 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

205.60

202.30

198.70

196.90 Last

192.00

188.70

185.40

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