TSLA back to re-test 173 with good bounce off neckline 163/164!
- Previously shared that TSLA needs to bounce off neckline 163/164 and it showed itself well!
- And where it ended up is again another key level 173 (structure level as well as Fibonacci level)
- Now all it has to do is break 173 and fill up the remaining gap to 180!
- On 30mins chart, you can also see lower time frame bull flag does point to 180 also!
- And where it ended up is again another key level 173 (structure level as well as Fibonacci level)
- Now all it has to do is break 173 and fill up the remaining gap to 180!
- On 30mins chart, you can also see lower time frame bull flag does point to 180 also!
My watches/plays
- Sold puts (long) remain good and secure
- Chance to sell covered calls soon once it breaches 173 towards 180 (also MA200)
- For time being, bearish plays concedes unless it cannot break above 173 and fall below MA5 and MA20 again
- Sold puts (long) remain good and secure
- Chance to sell covered calls soon once it breaches 173 towards 180 (also MA200)
- For time being, bearish plays concedes unless it cannot break above 173 and fall below MA5 and MA20 again
Good luck, all!!
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pro-active Kiwi_0985 : so should I buy more r wait
Asphen OP pro-active Kiwi_0985 : I'm selling puts strikes 120 130 140, those are my target buy levels.
YTHP pro-active Kiwi_0985 : I'll share it based on the opening data. Are you a newbie?
YTHP : Did you buy options?
Asphen OP YTHP : Yes. options.
YTHP Asphen OP : Options are too risky. I played with options before and lost to death, now I play with the underlying stock now I rarely touch it
Asphen OP YTHP : It's been almost three years since I finished... It's OK
一起变优秀 : Tesla's long-term ownership is very valuable