TESLA: 81% of a bounce on Monday, new weekly cycle expected
On Monday Tesla has 81% of probability to have a bounce to the upside. 9 days elapsed out of 11. There are still 2 days in which the price can be further push back (therefore be aware).
We have at the same time the sufficient and necessary condition to begin a new T+2, as the days elapsed since the first swing 13.12.24 have been 24. Still we have another potential 20 days to extend the downtrend (at most).
For the next first half of the week:
In case of a bounce: TP1 221.19, TP2 229.68
in case of an extension of downtrend: TP1 205.55 TP2 194.15
We have at the same time the sufficient and necessary condition to begin a new T+2, as the days elapsed since the first swing 13.12.24 have been 24. Still we have another potential 20 days to extend the downtrend (at most).
For the next first half of the week:
In case of a bounce: TP1 221.19, TP2 229.68
in case of an extension of downtrend: TP1 205.55 TP2 194.15
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