Monday, June 16, 2025

Tesla's Chart Is Telling Us Something Important

And China to Surpass US in Nuclear Tech?
 
   
     
China to Surpass US in Nuclear Tech?
 
 
First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter.

China plans to have more nuclear reactors in operation than the U.S. by 2030.  China takes 52 months on average to construct a new reactor. U.S. NRC takes 10-12 years just to review the plans for a new proposed reactor.


Come join me as we dive in and see what’s moving! 

Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. 

 
— — — 
 
Tesla's Chart Is Telling Us Something Important

Have you been watching Tesla lately? I've got to tell you — this stock is at a fascinating technical crossroads right now.

If you've had Tesla (TSLA) on your watchlist, you've probably noticed it's been grinding against a key resistance level. This isn't just any old price point. We're talking about the Market Roadmap line — a critical technical barrier that's been keeping a lid on Tesla's upward momentum.

 
 
Look, I've been analyzing charts for over two decades, and when I see a stock repeatedly testing a resistance level like this, it usually means something significant is about to happen. The question is: Which way will it break?

What the Charts Are Telling Us

Tesla's current pattern suggests we might need to see a healthy retrace before it can muster enough strength to push through this stubborn resistance. Think of it like a runner taking a few steps back before making a powerful leap forward.

The stock has been consolidating in this range for a reason. Market participants are uncertain about Tesla's next move — whether it's concerns about valuation, competition in the EV space, or broader market dynamics affecting growth stocks.

But here's the thing about technical analysis…

It often gives us clues before the fundamental story becomes obvious to everyone else.


Trading Gameplan

If you're considering a position in Tesla, patience might be your best strategy right now. Jumping in prematurely could mean getting caught in a false breakout or breakdown.

Instead, consider these options:

1. Wait for a confirmed break above the Roadmap on strong volume — this could signal the start of a new uptrend.

2. Look for a pullback to established support levels, which might offer a better risk-reward entry point.

3. Consider using options strategies that can benefit from continued consolidation if you believe this pattern will persist.

Remember that Tesla is known for its volatility — it's not uncommon to see 5-10% swings in relatively short timeframes. This makes position sizing and stop placement absolutely critical.

I've seen too many traders get wiped out by going all-in on high-flyers like Tesla without respecting technical levels. Don't be that person.

The next few weeks could be particularly telling for Tesla's price action. If it manages to push through resistance convincingly, we could see a significant upside move. Conversely, a rejection at these levels might send it back to test previous support.

Stay nimble, keep your risk management tight, and be ready to act when the chart gives its signal.

Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!

 
 
‘Morning Monster’ Is Starting NOW!
I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!

And be sure to hit that Subscribe button on my YouTube page!
_____________________________________________________
Something BIG Is Forming Behind the Headlines
 
 
I’ve been prepping all morning for today’s shocking revelation...

The data I flagged recently still looks just as concerning — and it’s exactly what I feared.

Friday’s Iran strike is rippling through markets, but what worries me is what algorithmic trading patterns are revealing beneath the chaos.

Major geopolitical events stress-test the system. Right now, it’s failing that test — in ways that look eerily like the COVID collapse.

The same mathematical signals that flashed red in early 2020 are lighting up again…

Only this time, they’re stronger.

I’ve spent the last few days running the numbers. Every calculation points to the same conclusion: This may not just be another correction. We could be staring down something that echoes 2008 — or worse.

In exactly 4 hours, I’m going LIVE to share everything I’ve uncovered. I’ll walk you through the exact patterns I’m tracking and show how I’m positioning for what could be the biggest crisis opportunity of our lifetime.

If you’re not yet in the Telegram channel where I’ll post the Zoom link, join now so you don’t miss it.

Time is running out…

 
 
Faster Than Anyone May Realize
_____________________________________________________
Today’s Daily Chart Setup: Targa Resources (TRGP)  
 
 
 

This idea came directly from my Daily Chart Setup that automatically signals potential plays. 
 
TRGP is a new potential entry. Target: 183.53 Stop below: 153.45
 
TRGP has a historical win rate of 78.57%
 
TRGP has a profit factor of 2.353
 
TRGP trades last 28 trading days on average over 14 trades since 2010.

See the secret behind these signals here!

This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.


How the Daily Chart Setup Works

Here’s a more detailed description of how the pattern triggers:

1. The price breaks upward through the orange Market Roadmap line. 

2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 

3. Once it touches the line and starts moving back up, that signals an entry. 

I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!

You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places!
Jeffry Turnmire
Jeffry Turnmire Trading

I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!

Please check out my channel and hit that Subscribe button!

I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.

I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. 


*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 
   
 

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