TB11741

TSLA - BROKEN TREND

Short
NASDAQ:TSLA   Tesla
1
TSLA -

Bear Case

Stock is easily manipulated by analyst agendas and cult followers.

Appears to have reversed from an uptrend. and any piece of bad news can result in a dramatic selloff

Smart money could potentially drive to 180 - 215 and restart a positive news cycle

Would short a failure of the low 220s or wait for a run to the 240s to either re short or rethink direction .

Strategy

Buy Janwk4 245 puts

If necessary Hedge by selling the Jan 265 calls or buying jan 255 calls with a run above 240
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