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Tesla
Short

TSLA: Had to redraw the whole chart and I made a mistake

By lousyjets
I should have done this yesterday or this morning. Big mistake. On the weekly t/f this still has downside (229-230). This is a strong bottom and should hold. If this allows you to take a shot at 230P on Monday, do that. But also be ready to add some calls when it gets there. I will cost avg my Aug calls.

Short this to 230 and long after that.

Mistake made but hopefully it wouldn't hurt me much. Hoping.
Trend Analysis
lousyjets

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