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08-21

$GraniteShares 2x Short TSLA Daily ETF(TSDD)$ ๐Ÿ“ŒTSDD โ€“Trading the downside today ๐Ÿ’ผ

Not financial advice. Sharing my personal trade journey.

Performed this trade using Cash Boost Account @Tiger_CashBoostAccount  

TSLA broke below a key support level at $322, thus foreseeing more downside short term. As such, I entered 2770 position of TSDD at avg price of $20.78 (when TSLA around $320-321), riding the downside of TSLA.

As the next level of support seems to be around $311, I exited my positions when TSLA is around $315, just to secure the profits.


๐Ÿ“Š Support Zones: $322 โž $311 โž $295

๐Ÿ“ˆ Resistance Levels: $322 โž $328 (short term) โž $329โ€“$330


Outlook:

If TSLA pulls back to $311 and holds, I see this as a key stability level and TSLA should rebound slightly from this price point.

If $311 fails to hold, next area of support lies around $295.

Sticking to the plan, respecting risk, and letting probabilities work.


Trade safe, Tiger friends! ๐Ÿฏ

Modified in.08-21
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