$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using CBA (Cash Boost Account) @Tiger_Contra @TigerStars @CashBoost @Tiger_CashBoostAccount
Support / Resistance đđ:
Support: $408 (?), $402, $394-396, $387, $380
Resistance: $408 (?), $414.5, $420 / $422 (?), $430
Outlook đ:
TSLA opened above $387 yesterday, and went on a heck of a ride breaking through all the resistance levels at $394-396, $402 and $408 (?).
If TSLA is also able to reclaim and hold above $414.5, we may be heading in for more short term upside towards $422 (?). If TSLA manage to break and hold $422 (?), we should be able to see more short term upside towards $430.
Else, if TSLA rejects at $414.5, then watch for short term downside towards support level at $408 (?) again. If TSLA also rejects below $408 (?), then watch for $402 support level, then $394-397.
Target đŻ:
Entered these TSLL positions when TSLA was trading back at $363-385 level the past few days. Exited half of my TSLL positions when TSLA traded near $408 yesterday.
As I have hit the T + 2 days for CBA, will have to exit all the remaining TSLL positions today. Will hold my positions till then.
Happy with the profits secured thus far.
Trade safe, Tiger friends! [Allin]
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