Support / Resistance ๐๐:
Support: $440, $435-$438, $422?
Resistance: $449-$455, $463-$465, $474
Outlook ๐:
TSLA broke above the $435-$438 resistance level and finally made a lower higher. This area has turned into support again, thus I am trusting this level is able to hold well since buyers seems to be stepping in at this level.
$449-$455 is the next level to watch. If TSLA is able to break this, then watch for $463-$465. Else this may be possibly a resistance level for price to reject.
Target ๐ฏ:
Entered this Covered Call position when TSLA was trading around $450 price level with the view that TSLA may potentially reject off this level back down to $440~
As shared, target to exit this Covered Call position for quick 5-15% profit, or if TSLA sees slight weakness after hitting $450. Saw slight weakness at around $450, thus exited my Covered Call positio when TSLA rejects back to around $446~.
Happy with the profits secured.
Trade safe, Tiger friends! [666]
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Close | 8.75 1Lot(s) | +8.71% Closed |
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- chimeyยท01-13 22:16Solid analysis! Congrats on the profits, mate. [ๅผๅฟ]1Report