Support / Resistance ๐๐:
Support: $435-$438, $422?
Resistance: $449-$455, $463-$465, $474
Outlook ๐:
TSLA shaked out the bears yesterday and broke above the $435-$438 resistance level yesterday. This area has turned into support again, thus I am trusting this level to be able to hold since buyers seems to be stepping in at this level.
$449-$455 is the next level to watch. If TSLA is able to break $455 today, we may see more upside momentum. Then watch for $463-$465.
Else $449-$455 may be possibly a resistance level for price to reject. Else watch that level for some resistance.
Watch for pullback long towards $438 support today.
Target ๐ฏ:
Entered this Covered Call position when TSLA was trading around $448 price level with the view that TSLA may potentially reject off $450 level back down to $440~
As shared, target to exit this Covered Call position for quick 5-15% profit.
Happy with the profits secured from this Options Swing trade.
Trade safe, Tiger friends! [Allin]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 12.00 1Lot(s) | +10.35% Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- peppywooยท01-23Solid breakout play! Chuffed you locked in profits. [ๅผบ]1Report