Current price: 196

Key point: 177

Our preferred direction: buying positions above 177 levels, targeting 215 as a first target, then 230 as a second target

Alternative scenario: stop loss and change direction by breaking 177 level, targeting 166 levels

Technical comment
Tesla stock is moving in an upward direction from the bottom of last January and the highest levels of support 166-177, the price reached the resistance levels 208-215 and fell from it as a corrective decline, so that it is expected to complete the rise again to 215 levels, then 230 levels