Digital Social Hour
Tesla’s Overbought Reversal: What Traders Must Know | Ricky Gutierrez DSH #1109
16 Jan 2025
🚨 Tesla’s Overbought Reversal EXPLAINED! 🚨 Join Sean Kelly and trading expert Ricky as they unpack Tesla’s massive stock swings and what this means for traders! From overbought reversals to the psychology of hype-driven markets, this episode is packed with valuable insights for anyone navigating today’s volatile financial landscape. 📈💡 Ricky dives deep into Tesla’s recent skyrocketing trends, the correction signs traders should watch for, and why understanding both short-term and long-term strategies is crucial. Plus, get a behind-the-scenes look at live trading sessions, expert tips on minimizing risk, and how to approach market pullbacks with confidence. Whether you’re a seasoned investor or just getting started, this conversation is a goldmine of actionable advice. 💰✨ Don’t miss out—watch now and subscribe for more insider secrets. 📺 Hit that subscribe button and stay tuned for more eye-opening stories with Sean Kelly on the Digital Social Hour! 🚀 Join the conversation in the comments and let us know your thoughts on Tesla and today’s market trends! 👇 #bitcoin #crypto #teslastockanalysis #teslastockprediction #swingtrading #bitcoin #teslastockanalysis #crypto #swingtrading #beststockstobuynow CHAPTERS: 00:00 - Intro 00:31 - Market Trends Analysis 04:59 - Today's Sponsor - Specialized Recruiting Group 07:51 - Trump's Stock Tax Impact 08:11 - Crypto Investment Opportunities 09:46 - Solana vs Bitcoin Comparison 12:28 - Reasons for No Stock Picks 16:43 - House Flipping Insights 20:33 - Spirit Airlines Bankruptcy Update 23:52 - Short Selling DJT Explained 28:32 - Nancy Pelosi's Stock Trading Strategies 32:04 - Musk and Ramaswamy DOJ Discussion 32:27 - Understanding the Deficit 34:10 - Current Inflation Trends 36:43 - Where to Find Ricky APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [email protected] GUEST: Ricky Gutierrez https://www.instagram.com/rickygutierrezz SPONSORS: SPECIALIZED RECRUITING GROUP: https://www.srgpros.com/ LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/
Full Episode
A lot of the planes that you see from Frontier and from Spirit. Now, don't get me wrong. I don't really fly like JetBlue or the nicer airlines. And those are really nice. Now with the family, I take that into consideration. It's called like the Savers Club. I think it used to be like $69. I get the first class on Spirit. It's not bad. I'm not going to lie. There's no first class.
Or whatever it is. Business class. My bad. I got it once. You got lectured? Yeah, no. Yeah, thanks for coming on, Ricky. What have you been up to, man? A lot happened in the past two weeks.
Yeah, so when it comes down to markets, we've been trying to do our part in keeping up with our markets overbought. Some people think that markets are going even higher, and that's really a conversation that I'm excited to kind of talk a little bit more about today. And you've always been a long-term trader, right?
Yeah, I have a long-term account, but also when it comes down to trading, I don't really focus on lower cap stocks. I focus more on blue chip stocks, but I like to trade overbought and oversold reversals. So not as exciting, a little bit more on the boring side, but I don't even know what reversals are, to be honest. No, they're just set up. So like right now, Tesla gapped up, right?
Gapped up 54% in the past like 16 trading days. Obviously the only catalyst when it came down to that was that he's part of the Trump administration, which is super exciting. Don't get me wrong. I mean, there's never been one time in history that I can recall, at least in my adult life, that anything like that has ever happened.
So, you know, I think this is why a lot of people got the euphoria of like, oh man, Tesla's going to 400, 500. And although that's really exciting, I mean, literally a week beforehand, Tesla reported earnings and there was a robo tax event. Tesla went from 275 all the way back down to 230. There was no excitement for the guidance of 2025.
Now, all of a sudden, this sentiment changes just because he's part of the Trump administration. So we let it shoot up. And the overbought reversal in this sense was, we don't know how high it's going to go. We don't know if it's going to actually run to 400%. But we wait for signs and indication of it peaking.
And once it begins to curl on over, just as quick as it rallies, it tends to correct itself because the hype ends up fading, just like what we've seen with crypto, right? Or the whole meme stock movement. We don't know when the peak is, but when we know one thing, when the peak does present itself, there's always a correction. And that's what we're doing right now.
As Tesla begins to correct itself, I think it hit highs of like 360. It's already corrected itself, I think, 13% to 14%. And in my opinion, I think that it's going even lower. I think that it can go down to 260, 215 on the short term. I think Tesla, I love Elon. I'm one of the biggest Elon fanboys, but I think it's really important for an investor to not just have a short term,
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