Philoinvestor
Philoinvestor
How I shorted Tesla and what I did wrong
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How I shorted Tesla and what I did wrong

$TSLA short trade, April 2024

The monthly bearish wedge formation is depicted by “Clear formation” and the red circle shows the actual breakdown.

I was too busy with other things to be eyeing this trade so I shorted on April 17th as I saw it consolidate after the clear breakdown — and doubled down the next day.

With all the news coming out mass layoffs and price reductions, I thought there is no way they can make this thing bounce after results..

Well, I was wrong. Listen to the voice note.

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Philoinvestor
Philoinvestor
Business Owner Mindset. Long Term Investing. Macro. Geopolitics. Polymath.