$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_CashBoostAccount @Tiger_Contra @CashBoost @TigerStars
Support / Resistance 📈📉:
Support: $429, $425, $422?
Resistance: $435, $440, $442.5?
Outlook 📝:
TSLA broke above $429 and even $435 price level earlier before harshly rejected at around $435 when overall market dipped slightly yesterday.
Entered 3373 TSLL positions when TSLA was harshly rejected off $435 towards $422 yesterday. Slowly DCA-ed through my TSLL positions to avg $18.32, along side my Cash Secured Put positions.
Today, TSLA broke and hold $429, thus we should be headed towards $435. If upwards momentum is strong enough to break $435, we should watch for next resistance level at around $439-$442.
Target 🎯:
Target to slowly shave off my TSLL positions as TSLA hit each bound of resistance at $435, $439 and $442.
Exited this first half of my TSLL positions when TSLA broke above $435 onto $439. Satisfied with how this swing trade turned out, as well as the profits secured from this overnight swing position. Will consider exited more positions today if TSLA upside mmomentum continues after $439.
Trade safe, Tiger friends! [Heart]
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