Power Plays Update: Closing TSLA
By Scott Redler
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 Redler Positions Disclosure as of 2023-03-08 at 8.08.09 AM