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05-08

$Tesla Motors(TSLA)$  $Direxion Daily TSLA Bull 2X Shares(TSLL)$  

Scaled out and sold all the remaining TSLL shares I was holding from $9.71. Glad to have been able to make small profit from trading in Contra account today.

Entered my TSLL position (at average $9.71) when TSLA retrace back to $275 level, entered too early thus I didnt manage to get a good price point. But I held on anyway.

Currently TSLA is trading within a channel between $270-$294.

If TSLA is able to break and hold $282, we should be able to see $294 as the next resistance. If TSLA is able to break $294, more upside is to come.

Satisfied with the profit, thus I am done intraday trading TSLA for the day.

Trade safe Tigers!

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Comments

  • HunterGame
    05-09
    HunterGame
    Great strategy and profits! Well done! [Love]
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