Elon Musk Trump feud Tesla $TSLA chart WARNING

 I'm not sure what to make of the apparent feud between Elon Musk & Donald Trump, but it sure has triggered the left wing media into a contest to see who can make their reporting sound the worse lol 

They love it! They love digging in the DIRT!   

Of course, the trolls and the bots have also been triggered 

Meanwhile bots tweet the same thing as the legacy media websites. Tesla $TSLA billions 💩 pic.twitter.com/TsRNNpvDvL

— Veteran Market Timer (@3Xtraders) June 6, 2025

 I think the whole thing is a ruse, and even the wife agrees. She called it "fake" as soon as she saw Bloomberg's reporting on it.  

My WARNING on Tesla  

Here I am - just last week - warning some young lady/ bot to stay away from Tesla, after viewing her profile, which mentioned something about her being an Elon/ Tesla fan.  

I only trade the crypto ETF. No wallets, not scam artists, nothing. You like Tesla $TSLA? Look out below!
This broadening top in wave "5" is a big red flag pic.twitter.com/wLQ2lKRCn6

— Veteran Market Timer (@3Xtraders) May 28, 2025

  Damn I'm good; I'm just that good!  

Tesla $TSLA actually doesn't look too bad here, and futures were up 5%, last I checked 

Tesla pulls back to the 50 Day moving average. $TSLA shares up +4% in pre-market trading 🚀 pic.twitter.com/TmReVWQm0M

— Veteran Market Timer (@3Xtraders) June 6, 2025

 $TSLA Tesla DCS chart - technicals -  I have about 15 different chart views of Tesla, but I drew this one up fresh, this morning.  

Support becomes the 50 day moving average, with resistance around the 200 day... super simple trade

We could see a little washout to the 260 level, and I would use that as an opportunity to add more there. 

I think we could see that target taken out, as soon as today's closing bell. 

 

Silver 

Picking up from where we left off yesterday: 

Silver is looking very toppy, regardless of the silver bugs claim (about there being no resistance above). 

 There's always the possibility that something as thinly traded, and manipulated, as silver, could go parabolic, and if that possibility scares you, then maybe you should look at trading something less volatile.  

 I'm seeing plenty of resistance at the $38 level, but I doubt it even runs to that target. 

It looks like a head-fake wave "B" (Elliottwave) pattern to me, as I tweeted out yesterday. 

Support on Silver becomes the 34.80 level, but I wouldn't expect that to hold. The $SLV appears to be in an #ElliottWave wave (B) pic.twitter.com/E06iGtxvov

— Veteran Market Timer (@3Xtraders) June 5, 2025

 This morning I see it trading into a little triangle, around the 36.25 level 

 Take Care, and have a great weekend!

AA  

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