$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_Contra @CashBoost @Tiger_CashBoostAccount @TigerStars
Support / Resistance 📈📉:
Support: $396, $387, $380
Resistance: $402, $408 (?), $414.5
Outlook 📝:
TSLA opened around $394, hovered around for awhile and then seemingly broke above $402 today. If TSLA manage to hold $402, we may be able to see more short term relief towards $408. Else, if TSLA rejects below $402, then watch for short term downside towards next support level at $394-396 then $387.
Target 🎯:
Entered these TSLL positions when TSLA was trading at around $387, with the objective to ride in the short term upside wave towards $408.
Exitted 1/3 of positions when TSLA hits $402, and half more at $406 earlier. Satisfied with the profits secured from this trade.
Will look to fully exit my last few positions if TSLA tries to test the $408 level.
Trade safe, Tiger friends! [Allin]
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.
