Support / Resistance đđ:
Support: $402, $396, $387
Resistance: $414.5, possibly $422?, $425
Outlook đ:
TSLA managed to break above $402 today, if it manage to hold this level, thus foresee a short term upside today. If TSLA manage to break and hold $407, we should be able to see more short term relief towards $414.5. Else, if TSLA rejects below $407, then watch for even short term downside towards next support level at $402 then $396.
Target đ¯:
Entered this Cash Secured Put position when TSLA was trading at around $400, with the objective to watch if TSLA is able to hold the $396 support. Will consider to hold this position till expiry (i.e. 100%) depending on TSLA's price movement the next few days.
Trade safe, Tiger friends! [Allin]
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