$Tesla Motors(TSLA)$ Another scalp on TSLA today using Tiger Contra Account. Traded using ticker symbol 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.
TSLA tested $275-$275.5 price level several times today and held strong above it.
Entered my TSLL position (at $9.85) when TSLA retrace back to $275 level again earlier, which was a great opportunity because it tested that level at least 3 times today.
Sold all my TSLL position (at $10.15) when TSLA rebounded back to $280+. Today TSLA seems be facing alittle heavy resistance at $280-$281, thus watch out for that.
Satisfied with the small profit for today.
Trade safe Tigers!
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