$Tradr 2X Short TSLA Daily ETF(TSLQ)$ $Tesla Motors(TSLA)$
Performed this trade using Cash Boost Account (CBA) @Tiger_Contra @CashBoost @TigerStars @Tiger_CashBoostAccount
Support / Resistance 📈📉:
Support: $474, $465, $449-$455
Resistance: $483, $488, ATH
Outlook 📝:
TSLA got rejected at both $488 &$483 price level today, thus we might be seeing some short term downside momentum towards $474. If $474 fails to hold, then more downside momentum to be seen. Else $474 may be potential support area.
Target 🎯:
Entered these TSLL positions (avg $16.01) yesterday when TSLA trading around $482 price level, with the view that TSLA would get rejected at this potential supply level. Somehow TSLA managed to hold $482 yesterday and was trading around $485-486. Held on this position anyway overnight.
Happy with the profits secured from this swing trade as we approach the weekend, not holding any positions over the weekend as usual.
Trade safe, Tiger friends! [666]
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