$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_Contra @CashBoost @TigerStars @Tiger_CashBoostAccount
Support / Resistance ππ:
Support: $488, $483, $474, $465, $449-$455
Resistance: $488, ATH
Outlook π:
Major sell-off after hitting ATH again. Back to $488 price level. $488 need to hold before we are able to make another upward movement.
Else, watch $488 for potential rejection as well towards $483.
Target π―:
Saw the opportunity to enter these TSLL positions since TSLA held $474 last Friday.
Entered these TSLL position when TSLA is trading around $475~, with the view that TSLA may potentially bounce back up around this level.
Target to exit these TSLL positions if TSLA break and hold $488, which TSLA did earlier in intraday trading session. Exit all my TSLL positions when TSLA was trading at around $495. Happy with the profits secured.
Road to recovery from last Tuesday's loss. I think I might have already recovered successfully.
Trade safe, Tiger friends! [666]
Comments