Support / Resistance đđ:
Support: $449-$455, $440, $435, $429
Resistance: $449-$455, $465, $470
Outlook đ:
TSLA broke above $449-$455 and held it since yesterday, but seems like its having some trouble to cleanly break above this level.
If TSLA breaks above $455-$456 cleanly and hold the level then we should see more upside. Else prepare to face some rejection here.
Target đ¯:
Entered this Cash Secured Put position when TSLA is trading around $426~ in 2 Dec 2025, with the view that TSLA may potentially break $429 and hold.
Initially targeted to secure 15-30% profit, however since upside momentum was pretty strong, decided to hold it abit longer till now.
Since we approached the resistance level around $455-456, and FED may be announcing rate cut on December 10 2025, exiting this position for some nice profit while also trying to risk-off from having too much swing options position over the weekend.
Trade safe, Tiger friends!
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