TSLA held up well

TSLA shorts envision a day like this but it is not over yet...this week will be almost as "interesting" as the rest of the year. It was "only" down 10 points and bounced. Compare it to QQQ, SAP etc...(TSLA is down after hours thou)
 
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A day like this? Opened at 411.63, traded higher during morning session. Double bottomed in the afternoon. Closed near where it closed on Friday.

Very similar day overall to what it did on Friday as well.
 
Shorts, perma or otherwise, don't wait for a day like this.

A good book on the subject is The Art of Selling Short. Still current even though it was published over 20 years ago.
 
HomelyWizzard said:
TSLA shorts envision a day like this but it is not over yet...this week will be almost as "interesting" as the rest of the year. It was "only" down 10 points and bounced. Compare it to QQQ, SAP etc...(TSLA is down after hours thou)
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I agree, TSLA held up decent so I bought YUM, AN and several great value stocks which means no 100 bagger option gains.
 
SunTrader said:
Shorts, perma or otherwise, don't wait for a day like this.

A good book on the subject is The Art of Selling Short. Still current even though it was published over 20 years ago.
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I am trading my IRA cannot short, but shorts can scale in to their positions premarket too.
 
Tesla is overvalued and it might go to 340 within a month ...if it goes to 520-540 again ,,, liquid all your positions because it will crash very hard.
 
TradeTune said:
Tesla is overvalued and it might go to 340 within a month ...if it goes to 520-540 again ,,, liquid all your positions because it will crash very hard.
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Why 340? The market maker of TSLA said it is worth about $150. But nobody knows(not even the MM), it could go to $200...
 
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