It is time to take more partial profits on Tesla (TSLA) short position in the zone of $425 to $451. TSLA is trading at $437.56 as of writing. Maximum recommended position to hold after this profit taking is 10% of the full core position size.
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This post was just published on ZYX Short Sell Change Alert.
It is time to take more partial profits on Tesla (TSLA) short position in the zone of $425 to $451. TSLA is trading at $437.56 as of writing. Maximum recommended position to hold after this profit taking is 10% of the full core position size.
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The State Of The Market
The following is a commentary on the state of the market and the momo crowds’ behavior. It is not a commentary on WMT or AMZN. Both stocks are in ZYX Buy Model Portfolio. Typically this type of behavior happens in late stages.
Please click here for a chart comparing Walmart (WMT) stock to Amazon (AMZN) stock.
Note the following: