TSLA - One possible scenario for the stock price

For this scenario to happen we have to break an important resistance level - the $202 level. After that we will expect a retracement without making new lows, and then start to consolidate and slowly move to the upside again.

Trade with care.

Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.