Current price: 196
Key point: 177
Our preferred direction: buying positions above 177 levels, targeting 208 as a first target, then 215 as a second target
Alternative scenario: stop loss and change direction by breaking 177 level, targeting 166 levels
Technical comment
Tesla's stock is moving in an upward direction on the daily time frame, from last month's low from the support levels 102, breaching the descending trend line and the resistance levels 166-177, so that the rise is expected to continue to reach levels 208-215
