#Tesla
#BinanceSquareTalks

Tesla ST : the upside prevails as long as 305.60 is support

Our pivot point is at 305.60.

Our preference: the upside prevails as long as 305.60 is support

Alternative scenario: below 305.60, expect 272.77 and 253.23.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 307.79 and 274.40).

Supports and resistances:

449.66 **

429.18 *

408.70 **

388.22

341.04 USD - last

318.49

305.60 **

272.77 *

253.23 **