SHORT TSLA with target of $291 - Current price $307 - $16 Profit
Updated
Short Tsla at current levels, with a target of $291!
Broke fib level and has been consolidating right below it.
Next downside target $291!
Stop loss at $320
Happy Trading
Lindosskier
Broke fib level and has been consolidating right below it.
Next downside target $291!
Stop loss at $320
Happy Trading
Lindosskier
Comment
You can also buy a put debit spread for Dec. 22nd $197.5 / $195 for a $0.75, which will allow you to get 3.5 times your risked amount, if it closes below $195 on Dec. 22nd.This reduces your amount at risk and allows for a 3.5R
Stop loss on this option spread, should be placed at $0.35.
Happy Trading
Lindosskier
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