Tesla may fall to 209.70 - 213.30

Pivot

223.40

Our preference

Short positions below 223.40 with targets at 213.30 & 209.70 in extension.

Alternative scenario

Above 223.40 look for further upside with 232.40 & 238.50 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

238.50

232.40

223.40

219.42 Last

213.30

209.70

206.00

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