Tesla may rise to 222.40 - 230.30

Our pivot point stands at 184.

Our preference

The upside prevails as long as 184 is support.

Alternative scenario

Below 184, expect 171 and 163.2.

Comment

The RSI is above 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 181.0585 and 175.6096). Finally, Tesla has crossed above its upper daily Bollinger band (195.02).

Supports and resistances

238.3 **

230.3 *

222.4 **

214.4

197.42 (USD-last)

189

184 **

171 *

163.2 **

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