Quote:
Originally Posted by Blazed
Trade smart don't force anything
SPX: 4170 top (break above 4180 > 4195 > 4200) / 4100 bottom (break below 4080 next support) / 4130 key level (4150 resistance)
Watching:
SPY reject 415 for puts
SPY bounce 410 for calls
TSLA Watching 163.9 for a bounce. Below that, main area is down @ 159.75.
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Trade recap:
Another range day only good for scalping. I did scalp ajlaxmn's 413 reject level. I completely missed it when checking levels this morning
I was too focused on TSLA.
TSLA Watching 163.9 for a bounce.✅ - I took the TSLA 165 bounce this morning (close enough, base was built and volume confirmed) bounced a little early but worked out perfect.
I sold calls ($200 strike) when TSLA hit $169.50 earlier this morning and will be buying them back when TSLA hits my next price target of $150ish. Still looking for $120 on TSLA. Weekly chart $120 is the super trend, full add when we get there. This will be a long term equity hold and I will continue selling calls/puts against my shares.
"
Trading is a job where you get paid for your decisions, not your time. You can spend hours in front of a your screen and still make $0." - saw that thought it was pretty cool.
Hope everyone enjoys the rest if their day.