$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_Contra @CashBoost @TigerStars @Tiger_CashBoostAccount
Support / Resistance ππ:
Support: $411-414, $402, $396
Resistance: possibly $422?, $425, $429
Outlook π:
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 π―:
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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