43 Comments
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Will Black's avatar

I’m holding on to my TSLA all the way to the bottom! These people vandalizing and getting rid of their cars are morons.

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Art's avatar

The vandalism is a reaction by the DOGE haters. They (domestic terrorists) are being paid by the Elites who are losing money by the tons, now that their dirty little secret is out.

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John Drop's avatar

Greg, you giving us these trade ideas and posting them on your website, is so appreciated. Thank you!

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William Losch's avatar

I would not bet against Elon!

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Tim Lindsay's avatar

Tesla has much farther to fall.

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William Travis Wall's avatar

There will be more dips to buy. Probably not right now.

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MG's avatar

Yes, buy on the dips. People have short memories, and they will focus their hate on the next shinny object in no time at all.

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Marc Baker's avatar

TSLA is trading at its 2 year pivot zone. Why would you fight with a downtrend? The 5 and ten year trends have been destroyed by the 63 day trend. Why 63? One quarter of a year. I suggest that all you folks learn about linear regression. It is the accepted method for finding the line that best fits a set of data. TSLA has to get back above the quarterly trend and then keep going up. Set up a daily chart with linear regression curves. Use the following sequences, 63, 126, 189, 252, 315,378, 441, 504, then use 1260 and 2520. If you are not doing this you are totally not seeing the big picture. Banks absolutely do not give a shit about moving averages. They use regression. They tell you to use the 200 day sma. I promise you that there is a relationship with price, regression and either sma or vwap averages. try it. set up a one minute chart. set up a 60 minute sma and a 60 minute regression curve. you can not miss what is happening. DO NOT LISTEN TO CNBC. None of the metrics that they tell you to use are being used. Once an uptrend is broken PRICES BREAK UNDER IT. This is called breaking a trend. There is now a wall of worry above starting at 244.28 and ends at 257.50. Then we must get above 276 and 285.

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Mrjinx007's avatar

Interesting. Can you post a link to a chart with the sequences?

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Frank's avatar

Do not buy Tesla. Although Elon is a buddy of Trump, the President does not support the Green New SCAM that has been proffered by the Private Central Bankers ( the FED) that continues to blame TRUMP ( because he is not one of thier STOOGES) for economic uncertainty that was really caused by the AUTO PEN moron who preceded him. Trump wants to drill for more oil and gas and will not support any funding for EVs or infrastructure for EVs. Elon may pivot to new products under the Tesla name but until that takes place Tesla should be the last thing on your shopping list.

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Chet Roberts's avatar

No, we should be buying BYD, the Chinese battery & auto maker. They have come up with a battery that charges in 5-7 minutes. Unfortunately, the Chinese innovators are way ahead of us in so many areas; i.e. AI

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M.Borghi's avatar

Buy tech companies

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Margarita Todorov's avatar

Yes-i will bye it again

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AJ's avatar

I like the SPY Apr. 4 550 Puts for under $4.00. If it goes South I feel it will go fast.

Powell has done his stage work and given us the opportunity to sell that quick bounce today.

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Tim's avatar

Greg,

Your writeup in bullet points.

Cheers.

=Technical Overview of TSLA (Tesla Inc.)

-Currently in a strong downtrend with lower highs and lower lows.

-Trading below both the 9-day and 18-day simple moving averages (SMA), indicating bearish momentum.

=Bollinger Bands Analysis

-Tesla is riding the lower Bollinger Band, reflecting strong selling pressure.

=Moving Averages Insights

-The 9-day SMA is below the 18-day SMA, confirming a short-term bearish trend.

-Volume remains stable, with spikes on significant down days, indicating persistent selling pressure.

-Lack of significant buying volume spikes suggests no institutional accumulation.

=MACD (Moving Average Convergence Divergence) Indicators

-MACD line is below the signal line, maintaining bearish momentum.

-Negative MACD histogram bars confirm ongoing selling pressure.

=Conclusion

-Tesla is deeply oversold, presenting a potential for a short-term bounce.

-If support around $220 fails, further downside to $200 or lower is likely.

-Increased selling volume could push Tesla's downtrend toward $180-$200 support.

=Potential Trade Ideas

-Bullish Trade (Short-Term Reversal Play)

o Enter a short-term call position if TSLA reclaims the $240-$250 range.

-Bearish Trade (Trend Continuation)

o Consider buying April 19th $220 Puts to capitalize on anticipated further downside

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Cyde's avatar

Follow the charts not what someone thinks.

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Vinny Daniel's avatar

super bullish TSLA with all this negative news.

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