Stayclose
2025-05-21

$Direxion Daily TSLA Bull 2X Shares(TSLL)$  $Tesla Motors(TSLA)$  

Wrapped up today with some profits from intraday trading TSLL via CBA again @Tiger_CashBoostAccount

Focused on TSLA's trading range ($342.5-$350) and took quick trades and I am happy with the outcome.

Market Observations:

TSLA successfully broke and held $342.5, which was Monday's high, turning this into new short-term support

However, $350 continues to act as a strong resistance, with 2 sharp rejections at that level today.

TSLA Key Levels:

Support: $342.5 (Monday's high), $337, $324

Resistance: $350 (critical zone), with next upside target at $360–$361 if TSLA manage to break and hold $350 

Takeaway:

TSLA is showing strength, but bulls need a decisive break above $350 to unlock the next leg higher. Until then, it's a trader's market — stay nimble and secure profits whenever possible.

Trade safe, Tiger friends!

Modified in.2025-05-21
Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
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.

Comments

We need your insight to fill this gap
Leave a comment