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01:05

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

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

Support / Resistance 📈📉:

Support: $414.5, $402, $396

Resistance: possibly $422?, $425, $430

Outlook 📝:

TSLA broke above key level $414.5 today and it is holding well. Seems like we are heading in for more short term upside. If TSLA manage to break and hold $422, we should be able to see more short term upside towards $425, then $430. Else, if TSLA rejects at $422, then watch for short term downside towards support level at $414.5 again.

Target 🎯:

Entered these TSLL positions when TSLA was trading at around $411-$413 earlier when market opened, with the objective to watch if $414.5 breaks and hold. If it breaks and hold  will hold positions till nearing next resistance level around $422.

Since we saw TSLA reclaimed back $414.5 today, and TSLA had some strength towards $422, exiting my TSLL positions to secure some nice profits. Satisfied with how the trade turns out.

Take note that there are many macroeconomic news lined up this week starting tomorrow, thus thread carefully and always cash in profits whenever possible and keep positions small and short during this period of time for traders.

Trade safe, Tiger friends! [666]  

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