Support / Resistance đđ:
Support: $435, $430, $425, $422 (?), $414.5
Resistance: $440, $445, $450
Outlook đ:
TSLA opened above $435 when the market opened earlier. If it manages to hold $435, we may be heading in for more short term upside towards $440. If TSLA manages to break and hold $440, then watch for $445 & $450 rejection
If TSLA breaks below $435, then we may see more downsidd movement towards $428-430, else wat h for $422 (?) Support.
Target đ¯:
Entered this Cash Secured Put position when TSLA was trading around $437 yesterday. Entered alittle too early but its okay, will see how it plays out.
Will consider exiting at 10-20% profit, stop-loss at same %. Else will exit when TSLA is nearing $422 sSupport level.
Trade safe, Tiger friends! [666]
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