$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_Contra @CashBoost @TigerStars @Tiger_CashBoostAccount
Support / Resistance đđ:
Support: $402, $394-396, $387
Resistance: $402, $408 (?), $414.5
Outlook đ:
TSLA opened above $402 today, and blasted over $408. If TSLA manage to hold $408, we may be able to see more short term relief towards $414.5. If TSLA manage to also break $414.5, we will see even more upside movement.
Else, if TSLA rejects below $408, then watch for short term downside towards next support level at $402, then $394-396.
Target đŻ:
Entered these TSLL positions when TSLA was trading at around $403, with the objective to ride in the short term upside wave towards $408, and beyond. Held these positions since yesterday, which was painful to watch but glad I held.
Managed to secure a good bulk of profits when TSLA hit $408 price level earlier.
There are still alot of uncertainties in the market, so keep your positions short and small for traders, and keep investing for investors.
Trade safe, Tiger friends! [666]
Comments