$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_Contra @TigerStars @CashBoost @Tiger_CashBoostAccount
Support / Resistance 📈📉:
Support: $422 (?), $414.5, $402
Resistance: $425, $430, $435
Outlook 📝:
TSLA opened around $422 when the market opened earlier, and broke below $422 shortly after. We may be heading in for more short term downside towards $414.5.
If TSLA manage to hold $414.5, we should be able to see support at this level. If TSLA breaks below $414.5, then watch for even more short term downside towards support level at $402. But if TSLA manage to hold and maintain $414.5, we should be able to see it bounce back up towards $422, then $430 then $435.
Target 🎯:
Entered these TSLL positions when TSLA was trading around $416 earlier, as it was nearing my entry price. Seems like TSLA managed to bounce off $416 earlier and had some bullish momentum since then. Exited half of my positions when TSLA hit around $443 earlier.
Will consider holding rest of positions till the next resistance level at $445 or $450.
Trade safe, Tiger friends! [666]
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- FabianGracie·05-12 17:52Nice bounce off 416 lol, you really think 445 gets taken soon?LikeReport