$GraniteShares 2x Short TSLA Daily ETF(TSDD)$ ๐TSDD โTrading the downside today ๐ผ
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.
๐ Support Zones: $322 โ $311 โ $295
๐ Resistance Levels: $322 โ $328 (short term) โ $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! ๐ฏ
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