$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Support / Resistance ππ:
Support: $394-396, $387, $380, $375
Resistance: $402, $408 (?), $414.5
Outlook π:
TSLA will be opening above $402 during today's market session, thus may be able to see more short term upside movement towards $408 (?). If TSLA managed to break and hold $408, we may see more short term upside towards $414.5. Else if TSLA rejects $408 (?), watch for support back at $402. If TSLA breaks below $402, then watch for downside movement towards next support level at $394-396.
Target π―:
Entered these TSLL position when TSLA was trading around $388 price range. Anticipating that TSLA is able to hold $394-396 price range level.
Will exit half when TSLA goes up to $408, and will consider exiting all positions when TSLA near $414.5.
Invest safe, Tiger friends! [Allin]
Modify on 2026-05-08 09:09
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- HRHRHRHRΒ·05-08TOPVery nice! For Day trade, I entered same price as you but my exit target was lower π You tend to hold max. 3 days?1Report