What is Tesla Stock's Worst Case Scenario?
On the monthly chart, Tesla stock is not looking good for the mid term, but there's a pattern at play here
Stochastic RSI is dying as indicated by the boxes, last time this happened was 2018-2019, you can actually see the Stochastic RSI repeated very similar patterns in the last major run up before 2021 happened as indicated by the arrows & circles
So, your worst case scenario is
Tesla marks a double bottom at $101.81 around Q2 2025
Charges toward ATH by end of 2025
Coincidentally, that's around the same time the
25K Tesla is announced & the same time we should be headed into an era of lower interest rates for the back half of this decade from 2026-2029
Stochastic RSI is dying as indicated by the boxes, last time this happened was 2018-2019, you can actually see the Stochastic RSI repeated very similar patterns in the last major run up before 2021 happened as indicated by the arrows & circles
So, your worst case scenario is
Tesla marks a double bottom at $101.81 around Q2 2025
Charges toward ATH by end of 2025
Coincidentally, that's around the same time the
25K Tesla is announced & the same time we should be headed into an era of lower interest rates for the back half of this decade from 2026-2029
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