Support / Resistance đđ:
Support: $375, $367, $355-$357
Resistance: $380, $387, $394-$396
Outlook đ:
TSLA pushed above $367 and $375 today which is a very bullish move, thus may be able to see more short term upside movement towards $380. If TSLA rejects below $380, then watch for downside movement towards next support level at $375. Else if TSLA manage to hold $380, then we may see even more relief back towards $385.
Target đ¯:
Initially wanted to exit this Cash Secured Put position at 5-20% profit but held position longer than expected, and even saw it down -150% at one point of time. With the recent news of de-escalation of war, market rallied thus saw the golden opportunity today to exit this position to secure a good profit and also to risk off on my long term portfolio.
Still a word of caution to continue threading lightly in this market condition.
Invest safe, Tiger friends! [Allin]
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