Current price: 214
Key point: 215
Our preferred direction: short positions below 215 levels, targeting 191 as a first target, then 177 as a second target.
Alternative scenario: stop loss and change direction by breaking 215 level, targeting 230 levels
Technical comment
Tesla stock reached its price targets on the rise after entering the resistance area 208-215 after a strong rise since the beginning of the year, if the price could form a negative price behavior from these levels on the daily time frame, a bearish correction will be expected to reach support levels 191, and then rise again
