Tesla may fall to 170.10 - 172.10

Pivot

176.00

Our preference

Short positions below 176.00 with targets at 172.10 & 170.10 in extension.

Alternative scenario

Above 176.00 look for further upside with 179.50 & 181.90 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

181.90

179.50

176.00

174.99 Last

172.10

170.10

167.80

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