Tesla bounced from support at around 195 to close yesterday just below 200 Moving Average. With the higher open today the lower part of the big gap area at around 225.95 could be tested.
The Gap area is a strong resistance area but Tesla might try to close the gap but needs to close above 242.68 to do so.
If Tesla is closing the gap the RSI is also likely to close above 60 threshold thus confirming uptrend.
However, even closing above the lower part of the gap at 225.95 could be a struggle. RSI closing above its upper falling trendline could be first indication of Tesla having a go at the 225.95 resistance.
However, daily RSI is still in negative sentiment (until a close above 60) and with no divergence it is indicating lower Tesla levels.
Medium-term Tesla is in a downtrend but has bounced from the 200 Moving Average. RSI is still showing positive sentiment suggesting Tesla could bounce further and this down trend is just a correction.
To reverse the medium-term bearish trend a close above 268.95 is needed. An RSI close above 60 would be a strong indication of this scenario to play out