Stayclose
12-09

$Tradr 2X Short TSLA Daily ETF(TSLQ)$  $Tesla Motors(TSLA)$  

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

Support / Resistance 📈📉:

Support: $440, $435, $429

Resistance: $449-$455, $465, $470

Outlook 📝:

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 🎯:

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]  

Winning Trades
Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
2
51