Tesla has no strong buy or sell signal currently; it is slowly ascending near the 50-day moving average without clear direction, suggesting waiting for an upward trajectory.

Tesla, as you know, had its big announcement yesterday, the "CyberCup" announcement. The stock rose sharply and then fell again today. So again, as I've been saying for the past few weeks, there aren't many reasons to buy it.

There aren't many reasons to sell it. It is only in a state of slow and gradual ascent. It is trying to determine whether it wants to stay above or below the 50-day moving average.

Staying above the 50-day moving average is great. Staying below the 50-day average is not very good. At the moment he is somewhat below, but again, he doesn't really know which direction he wants.

You want to see an arrow that shows some leadership, and demonstrates a clear direction. We all think Tesla is a great company, at least I do. Simply put, you should buy the company's shares at the right time, you know, when it's on an upward trajectory.

This is a buy trade, and it is also a trade that gives you maximum profit if you use a covered options strategy.

This company, called GLJ, if you look at the bottom right corner of your screen, you will find that it sets Tesla's stock price at $24.86. The current price is $352. Can you and I do a better job of forecasting?

Why don't we say it will reach 340 if we think it will be very bad? Do they really believe it will drop by more than 90 percent? That might happen. But this is the person who would be fired from their job if they said, "We believe the stock will drop to 24.86."

As you know, the rest of the world clearly believes it will rise. This does not mean that it will happen, but it is merely an interesting prediction that is being put forward even though it is very far from reality. I find it funny.

In any case, there are also rumors about a possible merger between Tesla and SpaceX, and we don't know when that will happen, and when it will happen, Elon will control all of SpaceX's voting power, and so on. We'll see.