Added more to my short position today. Could TSLA go up to 770? Yea, it’s TSLA, just kind of decides to do crazy things sometimes! But I’m bearish on it with positions that I will easily hold onto even if it decides to jump up randomly. Positioning is important because a hard reversal shouldn’t crush you. Put time on your side.
With a structured short position, game plan is to take profits at lower demand levels and average down to continue letting positions left on absorb retraces and then hopefully follow down to the next lower demand.
With a structured short position, game plan is to take profits at lower demand levels and average down to continue letting positions left on absorb retraces and then hopefully follow down to the next lower demand.
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