“Tesla Dumps, Elon Pumps, and the Reversion Trade to Watch”
Back from the weekend and straight into the fire. Tesla’s the headline — down nearly 7% and breaking through major moving averages. And no, that’s not just a pullback… that’s a sentiment shift.
What I’m Watching:
Tesla Breaks the 200-Day — Now It’s a Trading Vehicle
- Momentum is sloppy, but opportunity lives inside intraday reversions.
- If you’re watching for a snapback, key levels are everything today.
Choppy Momentum = Intraday Edge
- No clean trends yet — and that’s why the reversion setups matter most.
- Patience wins today. Don’t chase weakness — position around reclaim zones.
Tesla’s not done — it’s just getting volatile.
Until next time,
Garrett Baldwin
TheoTRADE
