PORTFOLIO ALERT – TESLA SHORT POSITION ENTRY

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Market leader or not, Covid is and will affect all manufactures as a recession is inbound. The first thing people do is cut down on buying expensive cars.

The stock has rallied above and beyond any expectations.
Positions is a SHORT.
Entry rate 433$.
CFD contract 1 lot = 100 shares.
Position size 10 lots.
Position value 1000 shares *433$ = 433,000$.
Free margin to hold positions is 433$ per 1% up movement.
Target line 378$.
55$ spread.
EST profit 55,000$.
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