Today, we're gon na be talking about My love of Tesla stocks., Okay, So we're gon na talk about the fundamentals which I think are valid, but we're really gon na get a little more into the technicals. If you're on StocksToTrade Advisory, which click the link below check It out. I'm Live every morning, 8:30 Eastern. You'll, remember just a couple days ago we really broke down the technical analysis aspects of Tesla..

Actually, let me bring that up for you. And I will show you so we talked about the significance of this 940 level.. You can see one two three and then the purple denotes that basing area. And then we got into the daily chart..

So this is the one year one day chart and the significance of 940 etc and the technical analysis around Tesla.. Okay, so you can see. We talked about it when it broke 940 today we're at slightly over a thousand and who knows when you watch this video we might be at 10,000 to the moon., But in all seriousness you know the reason I like Tesla. So much is it's that situation where it trades like a penny stock.

Okay, And I want to explain that cause. That is the term you might hear me use not always with Tesla., But it is a term that I use when these big market cap, huge stocks, start trading around key levels., Those whole dollar, half dollars, those red to green, etc. And we're gon na talk about Tesla but Nvidia is a great example. Okay, Again, if you're on StocksToTrade Advisory get there Okay, I remember the other day it was yesterday.

Yeah. Actually it was yesterday.. Someone says you know yesterday morning, 8:30, so right here: okay, when I'm Live., Someone's like `` Nvidia, got destroyed Tim. What do you think ?'' And I look at the chart.

Many of you might remember this and I'm like Nvidia is down 10 bucks.. I'm like what are you talking about? Okay, like this is a $ 300 stock, one, the best semiconductor companies out there. They're, crushing it, and you said it's down $ 10, a share. What are you talking about So then it proceeds to do a red to green.

Later that day and was a great opportunity. And then look at today breaks above that level., Okay, we're looking at right here that 270 level - and here we are at 275 and climbing okay, Shorts, okay, key levels, red to greens: whole dollar, half dollars; Okay, That's what I'm gon na talk about with Tesla as well, because heavily shorted stock I mean there might be no more shorted stock than Tesla. And again maybe you've seen my Twitter you've seen my sarcasm, my videos., I mean I started making fun of Twitter short sellers. I'm sorry! Tesla short sellers like five years ago., Okay Tesla has done some splits.

It was never $ 60 a share., But I mean look at this trend. What would possibly convince you to think that this was a short opportunity? Then? Let's talk about the technicals, I mean and when I say technicals, not necessarily ..., I'm sorry fundamentals. When I talk fundamentals am not necessarily talking about the balance sheet or sales, etc. What I am talking about is a fact that Elon Musk is Tony stark.

Okay, He is like ..., I mean he's Steve Jobs. Okay, I mean I obviously Steve Jobs has been gone, jeez, eight nine years now.. So maybe, if you're younger, you might not realize the significance of Steve Jobs, but I mean he changed the World.. I mean listen, whether you're on a Mac or you're, on a PC, whether you're using iPhone or an Android all of this stuff, not all of it.

But a significant and majority goes back to the vision of Steve Jobs. And I mean we would not be where we are with technology. If it wasn't for him.. Okay, listen Bill Gates saw a lot, but when it came to Innovation it was Steve Jobs.

And Elon. I think is even more so than that. And even quite possibly smarter and even a bigger vision., And so everyone watches what Elon do's, whether it dos whatever Elon does.. You know if he's on the Joe Rogan podcast, if he's dancing at the German flat plant, would that just open Everyone watches it.

And that's what we're talking about when we're trading stocks. The more enthusiasm, the more passion you have, the more likely these stocks are to Run and break through those key levels. Now for a while last month or so Tesla been pretty dead. Okay, So you know basically, from January 21st to that 940 break March, yeah, basically, two months., Basically all of January all of February, nothing going on.

Okay, Look again! Elon wasn't in the news much there wasn't much going on. We had the situation with Ukraine, so the market was very timid.. Then what changes is last week. All of a sudden we'd start talking.

Evs Elon opens the German plant. We start skipping through key levels. We got a lot of talk of government subsidization of electric vehicles.. I mean this week again.

You might be watching this video two weeks a month or a year from now. This week, every single, like electric vehicle related stock, is putting out press releases.. Okay, they recognize the mania., And that is why Tesla starts moving 20 % on a week. Okay Started the week out: 850 860 basically.

random 1040, 20 % move on a trillion dollar market cap stock., And here we are not far from re-testing that level and recording on a Thursday, probably breaks through it tomorrow and on into the next week and probably retest. The highs., So we got hype, we got awesome technology., I mean listen. Nobody unless you're, like I think, it's all just trolls.. I mean cause you'll like see these people that, like hate the Tesla., I was wondering I'm like.

Do they actually have the Tesla. It's like. I read a lot., It's like you, go to these Amazon book reviews and it's like always like the worst reviews of the book. Aren't the verified purchaser.

You know It's like they hated everything about it.. They hated the entire 400 page book, but they're not you know. It's like, did you even read it, Or did you just not like the book? You know, especially if it's like hot button, stuff politics and stuff., You see all of these bashing one star reviews and they got the fake profile pic.. They got one review on Amazon and it's not even a verified purchase..

I think those are the people that hate The Tesla. Okay, The technology's incredible.. You look what he's doing with energy with solar, what he's doing with SpaceX.? So you got the story. You got the fundamentals, you got the technology and then you got an epic short squeeze.

And when Tesla breaks through these key levels, whether it be a thousand Okay, look at the ... and it starts reacting.. So look at this .... Let's go back to today's Thursday Tuesday., Okay, Tuesday.

Look at this afternoon view apple Penny stock pattern; okay, Big gain early, consolidates midday and then breaks at 2:00 PM., I mean 1:30 PM.. That's the 2:00 PM window.. Look at that rip! Okay! Now I get it! You need a big account, but still $ 50, a share almost immediately to upside.. If you got 10 shares 20 shares, I mean it's not a bad day with a small account.

Okay, Then you look at yesterday week open red to green stock gaps. Down goes back green at 990, rips to 1040 $ 20, a share of upside okay, And again I mean I know a lot of you might use options so you can or leverage I mean, be careful with that stuff.. But if you leverage your options, I mean look at those moves. Today: okay, Stock gaps up in pre goes red on the day, reclaims green, which is also that whole dollar half dollar of 1000.

Understand the rule of 10. We think of these, like $ 10 stocks. Okay, There's other videos on that. You can check them.

Out., No, surprise that when this grinds back green spikes, higher. And then I love this week - open red to green setup, again check out the archive I'll quit bugging you., But you risk the lower the day.. So if you take that 1000 move, that 10 move whole dollar area and you risk 990 or even the lows - 988 okay, You've got great potential upside three to one risk reward.. And if you stop, you stop and you lose 12 bucks a share on a thousand dollars stock, but you focused on key levels: technical support and resistance and understanding a failed week, open red to green..

Now, when you're watching this, depending on when you're watching it maybe Tesla's back in the sideways mode, maybe it's not doing much and maybe it's not trading like a penny stock., But it frequently does.. And how do I recognize that? Look at this big volume and look at all these green days.? Okay, Until this thing puts in a hard pullback, we are on day one two, three four five, six, seven 8th green day: okay And Tesla - puts in multiple green days a lot. Okay, So closes green today. Week, open red to green tomorrow, view Apple tomorrow, dip and rip tomorrow.

All of those patterns in the eBook.. If you check out StocksToTrade Advisory click, the link below you get a copy of the eBook okay. So that being said, I still believe Elon's gon na change, the world. At least he already changed the world..

So in that's what we're looking for. Remember, whether it be penny stocks or real stocks. We look for mania and emotion.. You might have heard me say: this..

The ticker a lot of the times the ticker is insignificant. Okay, It's letters, four letters, but we want mania animal spirits. They say., Like I'm gon na, miss your FOMO. We love FOMO.

And we also love short sellers because they try and Gestamp and they blow up on these red to green moves every single day.. I don't even know how they stick around., But I always make the joke that mum just gives them more money. Mum. I blew up on Tesla again: Oh honey, you'll figure it out one of these days.

You know So anyway. Short sellers stories, fundamentals, amazing, characters; okay, Whether you like Elon or not, he's an interesting guy. Okay Check out some of the podcasts he's been on.. So all right, my friends, have an amazing day and we'll see it all-time.

High Tesla.