This is another view of the golden Fib rejection but on a leveraged version of TSLA I sometimes sell options on. You can see here the stock blasted through a wedge resistance, TSLA was clearly overvalued, profit taking initiated on the low inflation print, I expect small caps to outperform going forward for a few months.
My plan is to continue to sell put spreads on TSLL
-my target is 11.8$ with multiple fallback zones, the demand box is more true on a weekly timeframe
My plan is to continue to sell put spreads on TSLL
-my target is 11.8$ with multiple fallback zones, the demand box is more true on a weekly timeframe
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