$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using CBA (Cash Boost Account) @Tiger_Contra @TigerStars @CashBoost @Tiger_CashBoostAccount
Support / Resistance 📈📉:
Support: $337, $328-330, $318
Resistance: $348-$351, $364, $374
Outlook 📝:
TSLA opened above $337 last Friday, but rejected at $348-351 immediately.
Seems like TSLA is holding $337, thus we may be heading in for more short term upside towards $348-351 again. If TSLA manage to break and hold $348-351, we should be able to see more short term upside towards $364.
Else, if TSLA rejects at $348-$351, then watch for short term downside towards support level at $337 again. If TSLA also rejects below $337, then watch for $328-$330 support level.
Target 🎯:
Entered these TSLL positions when TSLA was trading around $337 level. May exit some positions if TSLA hits back the $348-$351 price range.
Will review again at market opening today.
Trade safe, Tiger friends! [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.
