Support / Resistance đđ:
Support: $445, $440, $435, $430
Resistance: $450, $455, $467
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 positions when TSLA was trading around $$437 yesterday. Entered alittle too early but its okay, I am glad I held it out till today where we saw TSLA rebounded at $428-430 level, and TSLA opened above $435 today.
De-risking my long term porfolio by not holding so many Cash Secured Put positions, thus exiting this position at 43% profit.
Happy with profits secured so far.
Trade safe, Tiger friends! [Allin]
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