Support / Resistance đđ:
Support: $425, $422?, $411-414
Resistance: $429, $435
Outlook đ:
TSLA broke above $425 price level and it seems to be holding well. Seems like we are heading in for more short term upside. If TSLA manage to break and hold $429, we should be able to see more short term upside towards $435, then $440. Else, if TSLA rejects at $429, then watch for short term downside towards support level at $425, then $422.
Target đ¯:
Entered this Cash Secured Put position when market opened as I see some strength on TSLA. Will exit this position by today and will not swing it over the weekend. Target to secure small profit within 1%-30%, not gonna be greedy thus not holding position longer than 1 hour.
Trade safe, Tiger friends! [Cool]
Comments