Good morning friends,
Everyone’s talking about Elon, but let’s talk $TSLA.
In case you missed it, Elon joined Joe Rogan AND the All-In Podcast ahead of Tesla’s board meeting to vote on his multi-trillion-dollar compensation package.
Here’s Elon and Rogan's 3-hour conversation. My favorite segment was Elon talking about unveiling a flying Speedster. Yes, this is real life. lol
And catch Musk with the All-In crew here.
Say what you want about Elon… he’s a savage, well-versed in the game.
And it’s no coincidence he’s making these podcast appearances.
He’s jockeying for position, and control of Tesla’s future.
Notice the TSLA ticker on his shirt. He wore it for both shows. It’s not a coincidence. It’s calculated.
We wish him the best of luck. Go get em’ Tiger 🫡
Let The Charts Speak
$TSLA is speaking… The trillion dollar memestock closed at an all-time high on a weekly AND monthly basis. These heuristics are clear characteristics of an uptrend.
Check out the weekly chart.
And the monster monthly for good measure. ;)
I also like to watch Total Dollar Volume. If Tesla breaks out, the best thing to see is a rush of buyers to push the stock higher.
Here are a few gifs of the Tesla tape. The first showing its breakout in 2019 // 2020. See the volume upswing…
And the most recent action as we head into the “best month of the year.”
Is it starting…? Maybe.
Thankfully, we’ve been early.
We’ve waited for the base to build.
And if it goes this week, great. If not, we’ll wait as long as the uptrend remains.
If buyers continue to defend $410, we want to be long Elon.
Disclosure: This is not financial advice.
