Tesla
Short

TSLA Short Idea

TSLA had another big fakeout above the major trendline from 2021 again last week and that sets the stage for a continued drop if it can't quickly reclaim. We also have a shorter term uptrend that as well that may lead to a flush below. I think this is a good spot to enter puts and target $200 and potentially even lower with a stop back above 220-222.
Chart PatternsTrend Analysis

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The ideas I post do not always represent my positions and they are intended for educational purposes.
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