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12-16 11:43

$Direxion Daily TSLA Bull 2X Shares(TSLL)$  $Tesla Motors(TSLA)$  

Made this trade using Cash Boost Account (CBA) @Tiger_Contra  @CashBoost  @TigerStars  @Tiger_CashBoostAccount  

Support / Resistance 📈📉:

Support: $460, $449-$455, $440

Resistance: $470, $475, $484

Outlook 📝:

TSLA rose sharply towards $482 when market opened. However huge resistance was seen at $484~ level where we saw rejection.

If TSLA is able to hold $470 & $475, we may be able to see more upside price momentum. Else watch for rejection at same level back to either $470 or $460.

Target 🎯:

Entered my TSLL position during pre-market yesterday when I saw TSLA held $460 pretty well. Was targeting to exit if TSLA hit the next resistance which is $475, else will stop-loss if TSLA go back under $460.

Glad the trade turned out well, happy with the profits secured from the intraday trade yesterday.

There will be more economic news tonight, so watch out for that.

Trade safe, Tiger friends!  [666]  

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