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

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

Support / Resistance 📈📉:

Support: $348-351, $337, $328-330, $318

Resistance: $348-$351, $357-358, $364, $374

Outlook 📝:

TSLA opened above $364 today.

If TSLA is able to hold $364, then we may see short term upside towards $374. If TSLA manage to break and hold $374, we should be able to see more short term upside movement.

Else, if TSLA rejects at $357-358, then watch for support back at $348-$351. If it breaks below $348-351, then watch for even more short term downside towards support level at $337 again. If TSLA also rejects below $337, then watch for $328-$330 support level.

Target 🎯:

Entered this TSLL positions when TSLA was trading around $351 level.

Exited most of my positions when TSLA traded at around $371-374 earlier. Will exit all my positions in time to come.

Trade safe, Tiger friends! [Allin]   

# Winning Trades

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  • predator007
    ·09-04 16:42
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    374 is not the hard part, 380 is where supply kept showing up the last three rebounds. I care more about whether 364 can hold after the first fade
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  • smile000
    ·09-04 16:42
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    TSLL bleeds more from chop than most people expect. Those levels look clean, but the instrument matters as much as the setup
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  • StayClose
    ·09-04 18:49
    yes you are right, I should be explicit that TSLL is not the best instrument used to trade TSLA. trade this at your own risk [Like]
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