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01-30

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

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

Support / Resistance πŸ“ˆπŸ“‰:

Support: $411-414, $402, $396

Resistance: possibly $422?, $425, $429

Outlook πŸ“:

Overall market was bearish today and TSLA followed through, falling towards the huge support level at $414.5, and has since rebounded from that level.

Seems like we are heading in for more short term upside. If TSLA manage to break and hold $422, we should be able to see more short term upside towards $425, then $430. Else, if TSLA rejects at $422, then watch for short term downside towards support lecel at $414.5 again.

Target 🎯:

Entered my TSLL positions by avging down during the earlier downwards movement, with the idea that TSLA should rebound at around $414.5

Exiting this trade and securing the full profits earned.

Trade safe, Tiger friends! [Allin]  

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Comments

  • Hilliton324
    01-30
    Hilliton324
    Great trade locking in profits! Well played on the bounce. [得意]
  • Porter Harry
    01-30
    Porter Harry
    Great trade!
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