$Direxion Daily TSLA Bull 2X Shares(TSLL)$ Another scalp on TSLA today using Tiger Contra Account. Traded using TSLL instead of actual TSLA ticket symbol because the price per unit is smaller, while price action is the same as TSLA. TSLL works well with Tiger Contra account because Contra account doesn't allow options trading, and TSLA price is too pricey for trading since profit/loss won't be significant.
As mentioned, TSLA have support around $260 or $275 price level. Earlier just now, TSLA somehow managed to retrace back to $273-$275 which was a great opportunity because that was a pretty huge support level it seems.
Took the chance and entered this position at $9.73 (when TSLA was around $275). TSLA then indeed managed to hold $273-275 and rebounced back target price point target around $281-$283 (where i exit at $10.15)
Done for the day of intraday trading on TSLA [Allin]
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
