Support / Resistance ๐๐:
Support: $440, $435, $429
Resistance: $449-$455, $460, $465
Outlook ๐:
TSLA rose sharply when market opened probably due to SpaceX news dropping. However huge resistance was seen at $460~ level where we saw TSLA got aggressively rejected at this level.
If TSLA is able to break above $460 then we may see some upside price movement. Else watch for rejection at same level back to either $449-455, then $440.
Target ๐ฏ:
My avg position price in this Covered Call position (x2 lots) was $8.89. Saw the opportunity to take some risk off the table by selling off 1 lot when TSLA rejected slight off $460 towards $457, since I was kinda of worried as TSLA seems to have very strong bullish momentum during opening hours.
Happy to take this small % loss, and watch my remaining 1 Covered Call position.
Will stop-loss if TSLA breaks above $460 and hold.
Trade safe, Tiger friends![Onlooker]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 7.50 1Lot(s) | -4.37% Closed |
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- OwenBessยท12-13TOPSmart move trimming position at resistance [็่ท] Still watching 460 break?1Report