Support / Resistance 📈📉:

Support: $440, $435, $429

Resistance: $449-$455, $465, $470

Outlook 📝:

TSLA got rejected at $449-$455, and seems to have trouble reclaiming this level, thus would expect more downside price movement towards $440 and then $435.

If TSLA is able to break above $449-$455 then we may see some upside price movement.

Target 🎯:

Entered this Covered Call position when TSLA is trading around $440~, with the view that TSLA may potentially reject further more around this level.

As shared, target 10-20% profit from this options scalp, or $100 profit. Else will stop-loss at same %.

Target was achieved when TSLA price dropped to around $437~, thus exiting this position to grab some nice profits off the table.

Take note FED will be announcing economic events this Wed. 

Trade safe, Tiger friends! [Allin]