Not touching Tesla until it consolidates around a resistance. I was debating getting a short today because this 650 range is juicy. Butt, I'm not gonna be fooled. There are idiots out there jumping on this Tesla discount. So, I think it is going up to 690-700. It would be way overvalued and I would then heavily invest in puts. Till then your losing money every day you hold a tesla put. Dont be a foool
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So this took off..... Will wait for Tesla to find support and resistance at 750-780. Before entering short....... Tesla is simply going up because traders are scared they are going to miss out on the company that once had a target value of 1400. Their balance sheet is atrocious and they deserve to be trading at 550-600