Tesla may fall to 189.00 - 192.00

Pivot

199.50

Our preference

Short positions below 199.50 with targets at 192.00 & 189.00 in extension.

Alternative scenario

Above 199.50 look for further upside with 202.70 & 205.60 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

205.60

202.70

199.50

196.24 Last

192.00

189.00

185.40

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