$Direxion Daily TSLA Bull 2X Shares(TSLL)$
Managed to make some small profit again from intraday trading on CBA.
Entered TSLL at an average of $14.70 when TSLA was trading around $337-$339. Exited the full position at $15.30 as TSLA rebounded from $337 to ~$347 capturing the momentum swing cleanly.
Support Levels: $337 (prior day's high), $320, and $313–$314
Next Resistance: $360
Key Level Today: TSLA needs to hold $345 for continuation to the upside.
Fun Fact:
TSLA is now officially trading above its 200-day SMA which is a strong bullish signal. Why is this important? The 200SMA acts as a long-term trend indicator. Trading above it often signals a shift in sentiment and attracts institutional interest. It's a line that separates bear from bull territory.
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- JONESTea·05-15Great job capturing that momentum! [Victory]1Report
- moonzo·05-15Great trade! 🎉1Report