$TSLA

TSLA sold on low conviction; long-term holders underwater; range-bound trade; watching for macro catalyst (autonomous driving) to break above $388.

“Scott Redler’s #630club - LIVE Premarket Stock Market Update”
T3 LivePublished Oct 6 · 2 passages

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And the only thing I don't have on that I had on on on Friday is I sold Tesla just because I was a little uncommitted to it. Um but it was up $8 yesterday. So that was nice.

Tesla's interesting. Um, I did get out of it just because it had a big move from the red dog reversal. Oh, by the way, you see this red dog reversal? People like people like Red Dog, I can't believe this Red Dog reversal has been making me making me money for 20 years.

I'm like, well, it's good to see you in the business for 20 years. I'm like, but yeah. So, you want to go over Red Dog reversal? All right. From 387 down, what did it do? It went below 35167.

Gave you 348. So, you're talking about a $3 stop. Gave you a little bit of a push. Took back the moving averages. So, right there, that could have been your your new entry, and it gave you some a way to sell it.

And now it the the the macro pattern. Wow, we're getting a macro pattern in Tesla. Is autonomous driving um you know all the things that Elon's been working on. Is it finally coming to fruition where you can get a macro move besides a range trade?

Because if you've been in Tesla since you know December, you're underwater. If you've been in it since last September, this time you're underwater. If you use tactical moves, you're not.

So here we are coming close. Um it'll be interesting to see if there's enough um like macro girth to the story where it can get above this 388 and give you another move. So I'll be watching that.

Watchpoints

price breaking above the $388 level

What this channel has said about $TSLA

T3 Live has 9 calls on this stock; only the adjacent ones are shown.

2026-10-06This one
And the only thing I don't have on that I had on on on Friday is I sold Tesla just because I was a little uncommitted to it. Um but it was up $8 yesterday. So that was nice.
2026-09-30Bearish
some people like, "What the hell happened to uh Tesla?" I'm like, "Well, you know, Tesla uh put in a red dog reversal bearish candle right here." I try and give you guys candlestick analysis on the weekends. You know, my candlesticks matter. I'm not trying to like be political. I'm just saying that candlesticks matter if you actively trade for a living. And right here, this was your prior high. So, what did it do? It kind of did a red dog reversal where it went above 383 and failed. And then this bar was bigger than the last four. What does that tell you? That tells you it has power and control. And you you pushed through the 200 day. They baited everyone in and then and then came back below. So, right there after a move from the lows here, it told you if you're active, get the hell out of the way or get short. Then three down days below all the moving averages into this spot. Okay, where did it get to yesterday? Got to 35167.
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