$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using CBA (Cash Boost Account) @Tiger_Contra @TigerStars @CashBoost @Tiger_CashBoostAccount
Support / Resistance 📈📉:
Support: $422 (?), $414.5, $402
Resistance: $422 (?), $425, $430, $435
Outlook 📝:
TSLA opened above $422 (?) today. If TSLA manage to hold above $422 (?), we may be heading in for more short term upside towards $430. If TSLA manage to break and hold $430, we should be able to see more short term upside towards $435. Else, if TSLA rejects at $430, then watch for short term downside towards support level at $422 again. If TSLA also rejects below $422, then watch for $414.5 support level.
Target 🎯:
Entered these TSLL positions when TSLA was trading back at $408-414.5 level the past few days. Will exit half of my TSLL positions if TSLA trade back to nearing $430, and then review from there again.
Trade safe, Tiger friends! [Allin]
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