Support / Resistance đđ:
Support: $374, $364, $357-358
Resistance: $382.5, $393, $403
Outlook đ:
Today, TSLA opened above $374.
If TSLA manage to hold $374, we should be able to see more short term upside towards $382.5 If TSLA break and hold $382.5, we maybe able to see $393.
If TSLA rejects at $382.5, then watch for $374 support. Else if TSLA rejects at $374, then watch for support back at $364. If TSLA rejects at $364, then watch for support at $357-358.
Target đ¯:
Entered this Cash Secured Put position when TSLA was trading around $374 level.
Target to exit at 10-20% profit. Stop-loss around the same % range. Will see how it plays out. May consider letting position expire if there's enough momentum.
Trade safe, Tiger friends! [Allin]
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