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05-09

$Tradr 2X Short TSLA Daily ETF(TSLQ)$ $Tesla Motors(TSLA)$  

Saw another opportunity to trade via Cash Boost Account today. This time round is playing the downside of TSLA (TSLQ).

TSLA broke $294 and $298 level today, thus we saw the upside push on TSLA. Next level of resistance is $310 if upside continues. Otherwise watch for rejection back down and see if TSLA is able hold above $298.

Saw the opportunity to play the downside of TSLA when it hit $306-$307, bought TSLQ at $22.80 while waiting for rejection to happen which it did. 

TSLA rejected $307 towards $302 where I exit all my TSLQ position around $23.65.

TSLA need to hold above $298 for more upside continuation, otherwise watch tor support at $292-$294

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

Trade safe and happy weekend Tigers!

Modified in.05-09
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