Support / Resistance ππ:
Support: $380, $375, $367, $355-$357
Resistance: $387, $394-$396, $402
Outlook π:
TSLA pushed above $375 and $380 today which is a very bullish move, thus may be able to see more short term upside movement towards $387. If TSLA rejects below $387, then watch for downside movement towards next support level at $380. Else if TSLA manage to hold $387, then we may see even more relief back towards $394-396.
Target π―:
Sold this Cash Secured Put position back in early April 2026 Straits of Hormuz and war were pushing market low. Initially wanted to exit this Cash Secured Put position at 5-20% profit but held position longer than expected, even saw this position down by 150%, but glad I held it through till expiry today.
Satisfied with the 100% profits secured from this swing trade.
Invest safe, Tiger friends! [Allin]
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