$Tradr 2X Short TSLA Daily ETF(TSLQ)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_CashBoostAccount @TigerStars @CashBoost @Tiger_Contra
Support / Resistance đđ:
Support: $460, $449-$455, $440
Resistance: $465, $474, $483
Outlook đ:
TSLA failed to hold $474 and market opened below $474 which was the previous support level, thus anticipating some short term downside momentum. If TSLA is able to hold $465, we may regain some upside movement. Else $465 may potentially be another rejection level.
Next level to watch is $460.
Target đŻ:
Entered my TSLQ positions at avg $16.89 (when TSLA trading around $467 price level), with the view that TSLA is already trading below $474, expecting short term downside movement towards $465 or $460.
Not gonna be greedy in current market condition. Exited all my TSLQ positions when TSLA approach near $462-$463 price level to secure a small profit. Overall happy with my intraday trading session.
Trade safe, Tiger friends! [666]
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