$Tesla Motors(TSLA)$  nice pump yesterday. I'm pretty confident that tsla has bottomed at $298, but $370 will be a real test. It was previous support but was Broken, the 50 simple moving average is at that level as well. There is a high chance that it will drop after filling the gap, which is why I sold a $370 call To collect premium from my 100 shares. Do you think tsla can break the $370 resistance?
# Winning Trades

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • CyrilDavy
    ·08-20 15:12
    I think it can break 370 if momentum stays clean. That level is crowded for a reason, but a real push through the 50 SMA could squeeze it fast 🚀
    Reply
    Report