Hey,
Charles here.
Licia Leslie is back with her weekly One to Love, One to Leave. This week she's running the same play on opposite ends of the spectrum: trust the chart, not the headlines.
On the love side, she found a name that's been the punching bag of 2026. Capex worries, mixed delivery numbers, every analyst with a microphone has something cautious to say. But the chart just printed the cleanest reversal signal in technical analysis. The bears didn't get the memo.
On the leave side, she's targeting the hottest stock in the AI cloud trade. The one everyone's piled into after a 400 percent run and a blowout earnings report. The chart says the party is ending whether the buyers want to admit it or not.
Here's Licia with the breakdown.
Hi Traders,
My favorite stock this week is Tesla (TSLA).
It bounced off the support of the channel with a beautiful dragonfly doji and confirmation on Wednesday.
A dragonfly doji is a candlestick that looks like the letter T. It shows up at the bottom of a downtrend and signals the trend is about to change. Confirmation happens when the stock moves your way the next day.
The stock has also cleared the resistance of the 200-day moving average (the turquoise line on my chart). My first level of resistance is $426.89, and above that it runs back to $450.
TSLA is the American electric vehicle (EV) and clean energy company headquartered in Austin, Texas. It builds vehicles like the Model 3, Model Y, and Cybertruck, sells Megapack energy storage systems, and is pouring money into AI, the Optimus robot, and its Cybercab robotaxi program.
The robotaxi rollout is the real story here. Tesla now has 39 unsupervised robotaxis running in Austin, Dallas, and Houston, up from nine at the start of April. Paid robotaxi miles nearly doubled last quarter.
Vehicle deliveries hit roughly 358,000 in Q1 2026, up about six percent year over year but a hair below expectations. Energy storage was the bright spot with more than 8.8 gigawatt-hours deployed. Full Self-Driving subscriptions just crossed 1.3 million paying users, growing 51 percent year over year.
The bears point to the 25 billion dollar capex spend and slim robotaxi revenue until 2027. The chart says they're early.
When the High Flyer Starts to Wobble
My stock to buy puts in is Nebius Group (NBIS). The stock has topped out and is now testing support.
Wait for it to clear $190 and ride it down to the 20-day moving average at $176.52. The Relative Strength Index (a momentum gauge that tells you when a stock is overbought or oversold) is rolling bearish, and the MACD (a trend indicator that compares short-term and longer-term price action) is just starting to roll bearish.
Keep your stop loss close and stick to it. This one is a high flyer and high flyers fall fast.
NBIS is the AI cloud company everyone has been chasing. Headquartered in Amsterdam, it spun out of the old Yandex business in 2024 and rebuilt itself as a Western-focused AI infrastructure provider. It runs its own data centers, owns large-scale GPU clusters (Graphics Processing Units, the chips that train and run AI models), and sells cloud computing power to AI developers.
The reasons everyone loves NBIS are real. Q1 revenue exploded 684 percent year over year to $399 million. NVIDIA put in two billion dollars. Meta signed a 27 billion dollar multi-year deal. Microsoft added another 19.4 billion dollar commitment.
The stock is up more than 400 percent over the past year. Other assets in the portfolio include stakes in ClickHouse, Avride, TripleTen, and Toloka AI.
Here's the problem. When a stock prints that kind of run and then loses momentum on its own chart, that's the market telling you the easy money already left. The Relative Strength Index turning bearish at these levels is a warning sign every short-term trader needs to respect.
Trade Accordingly,
Licia Leslie
Tesla is the comeback the headlines aren't ready to call yet. The dragonfly doji at channel support with confirmation on the 200-day reclaim is about as clean as technical setups get. The fundamentals are there too. Robotaxi miles doubling quarter over quarter and 1.3 million people paying for FSD say the AI build is working.
Nebius is the opposite trade for the opposite reason. The numbers are great. The chart is bad. After a 400 percent run, even the best story runs out of new buyers.
Both setups come down to the same lesson Licia has been preaching all year: the close is more important than the intraday, and price action will tell you the story before the news does.
So which one does the team highlight on Monday's Ticker Highlight Show? Tesla bouncing off support, Nebius rolling over, or something nobody saw coming?
Tap here to join the Ticker Highlight Show Premium before Monday at 10:30 AM ET to find out.
See you there,
Charles Delvalle
Editorial Director, Option Pit