$Tradr 2X Short TSLA Daily ETF(TSLQ)$ $Tesla Motors(TSLA)$
Made this trade using Cash Boost Account (CBA) @Tiger_CashBoostAccount @TigerStars @CashBoost @Tiger_Contra
Support / Resistance đđ:
Support: $440, $435, $429
Resistance: $449-$455, $465, $470
Outlook đ:
TSLA got rejected at $449-$455, and seems to have trouble reclaiming this level, thus would expect more downside price movement towards $440 and then $435.
If TSLA is able to break above $449-$455 then we may see some upside price movement.
Target đŻ:
Entered my TSLL positions at avg $21.18 when TSLA trading around $440~, and exited my TSLL positions at avg $21.62 when TSLA fell towards $435~ price level.
Sized down on my entry positions and shorten my trade duration as this week will have many economic news, dont want to get caught up with a sudden major reversal due to economic news/events.
Take note FED might potentially be announcing rates this Wed.
Trade safe, Tiger Friends! [Allin]
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