$Tradr 2X Short TSLA Daily ETF(TSLQ)$ $Tesla Motors(TSLA)$
Saw another opportunity to trade TSLA, playing the downside of TSLA using CBA (Cash Boost Account) @Tiger_CashBoostAccount
TSLA broke $298 and $306 level yesterday, thus we saw huge upside push on TSLA. Next level of resistance is $320.
Saw the opportunity to play the downside of TSLA when it hit $320, entered TSLQ ($20.87) when TSLA around $318-$319, waiting for the rejection to happen around this level which it kinda did during yesterday's intraday session.
TSLA rejected $320 towards $316-$316.2 but refused to reject further thus I held this position over intraday yesterday. Today, TSLA finally managed to retrace back to $314-$315 where I managed to exit my TSLQ position (at $21.38). Could have held alittle longer, but its okay I am satisfied with the small profit.
TSLA need to break above $320 for more upside continuation, otherwise watch for support at $306 or $310.
Trade safe Tiger friends!
Modify on 2025-05-13 04:20
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