TSLA Swing Update: From Discipline to Drama in 24 Hours
A technical plan meets market chaos—and a public feud fans the flames
Yesterday’s “How I Traded It” article reviewed the swing trade in TSLA, a position that began in March and had grown into a successful, longer-term swing trade. We walked through the technical process, price levels of interest, and the scenarios I was prepared for—either follow-through higher or a breakdown below key support.
That plan got tested fast.
📉 Breakdown on the Open
TSLA gapped down sharply, opening near 324 and quickly sliding to 313.
That move violated the 330 stop zone discussed yesterday.
But rather than panic-sell, I reminded myself:
“The damage is already done—no need to make it worse.”The drop tagged a confluence of support:
AVWAP from the December 17 pivot high
The 100-day simple moving average
This was a zone worth watching, not reacting to.
📍 Intraday Adjustment
A mid-morning bounce brought price back to 317, then to 322.
That strength aligned with my plan:
“If we get a bounce after a breakdown, I’ll lighten up.”I trimmed more than half the swing position near 322.
Minutes later, TSLA reversed again, sliding back under 310.
That trim proved well-timed, and calm execution won the day.
🧠 Trading with a Team: Shared Eyes, Sharper Edges
While I managed the long, others in the Inner Circle were already getting paid—on shorts and puts.
As momentum broke down, the room filled with tactical updates.
With clear levels below and sentiment unraveling, I joined the move, picking up 290 puts expiring June 6.
They weren’t meant to save the trade. They were meant to manage the risk—to give me breathing room as the next levels came into view.
🎯 Executing the Hedge
The puts paid—fast.
Initial entry around $2.26
Trimmed lightly but quickly across multiple tiers
Final exits came as TSLA hit the 292–293 target zone:
March 27 pivot high ($291.85)
50-day moving average
Yes, the contracts later traded much higher—but I stuck to my plan, and it worked.
🧩 When News Catches Up—and Then Leads
At first, it looked like a classic “news follows price” situation.
Then it flipped.
The public feud between Elon Musk and Donald Trump erupted, with high-profile accusations and political commentary aimed directly at Tesla and EV subsidies.
The timing? Right as TSLA entered freefall.
This wasn’t just explanation—it was acceleration.
Proof that while price often leads, the market is dynamic.
Sometimes the news validates the move.
Sometimes it drives it.
And you can’t always know which it’ll be.
That’s why the plan comes first.
🧾 Final Thoughts
The swing position is now reduced, but still open.
The hedge did its job, both financially and emotionally.
The pivot at $270.78 may be the final line in the sand.
The stock is now below all of its key moving averages. But it’s a swift move.
An overreaction?
This kind of news and public feuding could easily send prices lower as traders and investors speculate about the potential impact of lost EV tax credits, government contracts, and other unknown consequences.
On the other hand, sharp moves from one Bollinger Band to the other often moderate before resuming movement in the direction of the overall trend. That certainly doesn’t guarantee a bounce, but it’s a condition worth watching for signs of stabilization.
Time will tell.
TSLA chart post close June 5, 2025
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Me gustó mucho tu trabajo! Muchas gracias 🙏