Looks like TSLA is entering a downtrend

7 Mar 2020

Hello,

By my metrics, TSLA is entering a downtrend and after a significant rise that brings the most opportunity to profit from the shortside. I have no idea about the mechanics of shorting this asset (how high interest is on the borrowing etc.) and I will not be personally trading this, but it looks like TLRY a year ago or so. Can't see how this doesn't work out. Stop would 775 for me.

Thanks for reading,
YS

16 Mar 2020

Not

as you can read earlier, my stop would not have been hit yet. It would now be 600 from a 700 short, so pretty deep in profit at this point. Probably will trade the next opp I see like this.