Tesla may rise to 179.50 - 181.90

Pivot

174.70

Our preference

Long positions above 174.70 with targets at 179.50 & 181.90 in extension.

Alternative scenario

Below 174.70 look for further downside with 172.10 & 170.10 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances

184.60

181.90

179.50

177.33 Last

174.70

172.10

170.10

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