Support / Resistance ๐๐:
Support: $422 (?), $414.5, $402
Resistance: $422 (?), $425, $430, $435
Outlook ๐:
TSLA rose above $414.5 during pre-market. Anticipate that it should open above $414.5 when the market open later. We may be heading in for more short term upside towards $430 if this level manage to hold today. If TSLA manage to breakhold $430, we should be able to see more short term upside towards $435. Else, if TSLA rejects at $430, then watch for short term downside towards support level at $422 again. If TSLA also rejects below $422, then watch for $414.5 support level.
Target ๐ฏ:
Entered this Cash Secured Put position when TSLA was nearing $408 yesterday.
Target to exit at 10-25% profit and will not hold this position for long unless TSLA break and hold $430. Else will target to exit when TSLA falls back to $408 support level.
Stop-loss at same % level.
Trade safe, Tiger friends! [666]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 8.70 1Lot(s) | +58.34% Holding |
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- vippyยท05-21 21:52Holding 422 is the key. I sold a put too, but do you really think 430 sticks today?LikeReport