grahammk

Trading Tesla - The Fallout

Short
NASDAQ:TSLA   Tesla
Nothing much to say here. Overall we are now in Bear Territory and I fully expect another $20 dollar drop but it may take a few weeks to get there.
April Q1 expectations are already not looking strong so nothing really in the offing to prop us up at this point. For those of you Shorting you're likely grinning from ear to ear and will do better than the rest of us that don't. Full disclosure, as of today I opened a Short/Margin account but have not taken a Position. For now I remain in Cash and will lick my wounds while waiting for the next entry point going in either direction but want strong confirmation signals before making another move and will post as I see something come up. Sure wish I could post charts here that I've saved on my laptop. Too Bad Tradingview doesn't have a way of contacting anybody to ask questions.
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