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01-02

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

Made this trade using Cash Boost Account (CBA) @Tiger_CashBoostAccount  @TigerStars  @CashBoost  @Tiger_Contra  

Support / Resistance πŸ“ˆπŸ“‰:

Support: $449-$455, $440, $435

Resistance: $463-$465, $474, $483


Outlook πŸ“:

TSLA opened below $474, and got rejected at $463, thus foresee more downside momentum towards $449-$455. If TSLA fails to hold $453, we may see more downside movement. If TSLA is able to hold $453, then watch if its able to break $463-$465 or if it will be another rejection level again.

Target 🎯:

Entered these TSLL positions when TSLA was trading around $454 price level. Since TSLA is already opened below $465 when market opened on Wednesday, was expecting more short term downside movement for TSLA towards $449-$453.

Target to exit these TSLL positions if I see TSLA is able to hold $453 price level which should rebound back to $463-465. Stop-loss if TSLA breaks below $449-$453. Will watch the premarket closely.

Trade safe, Tiger friends! [Allin]     

Modified in.01-02
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Comments

  • peppywoo
    01-02
    peppywoo
    Solid downside play, mate. Watching $453 like a hawk. [ηœ‹θ·Œ]
  • zingzy
    01-02
    zingzy
    Spot on, TSLA might drop below $453 soon. Watching premarket too! [ηœ‹θ·Œ]
  • Porter Harry
    01-04 20:32
    Porter Harry
    Great! Musk is really an amazing leader.
  • ι—ͺη”΅δΎ 08
    01-02
    ι—ͺη”΅δΎ 08
    Okk
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