Tesla (TSLA) is selling off on a downgrade, and the stock is in the danger zone I outlined.
So I'm going to close out Tesla from Power Plays.
These short-term paper cuts hurt.
But in this environment, we have to manage risk aggressively.
So the prudent move is to back off and wait for another setup.
-Scott
Scott Redler Positions Disclosure as of 2023-03-08 at 8.08.09 AM
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