Support / Resistance ๐๐:
Support: $449-$455, $440, $435, $429
Resistance: $449-$455, $465, $470
Outlook ๐:
TSLA broke above $449-$455 and held it since yesterday, but seems like its having some trouble to cleanly break above this level.
If TSLA is able to break above $455-$456 cleanly and hold the level, then we should see more short term upside. Else prepare to face some rejection here.
Target ๐ฏ:
Entered this Covered Call position when TSLA is trading around $455~, with the view that TSLA may potentially reject around this level.
As shared, target 15-30% profit from this options scalp was achieved, thus exiting this position to grab some nice profits off the table while also trying to risk-off from having too many swing options position over the weekend.
Done trading for the day.
Trade safe, Tiger friends! [666]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 6.00 1Lot(s) | +23.89% Closed |
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