TSLL - a leveraged TSLA ETF sitting on dynamic support LONG
Updated
TSLL moves more than TSLA as it is leveraged. TSLA is volatile for a large cap and
TSLL is TSLA high octane verison. TSLL on the anchored VWAP bands has bescended
into the undervalued and oversold zone supported by teh thin red line the second
standard deviation below VWAP. It hit a pivot high in early July hitting the thin red
UPPER VWAP line about the, I analyze a reversal is coming with the final leg down
coinciding with the general market moves this week. Price is obviously below then
mean VWAP and the POC line. I think the rubber band effect and bargain buying will
propel it upward as may and short sellers liquidating their positions. I will take
a trade of a fiar amount of stock shares as well as entertain some call options.
If a trader is curious to my levels of interest leave a comment.
TSLL is TSLA high octane verison. TSLL on the anchored VWAP bands has bescended
into the undervalued and oversold zone supported by teh thin red line the second
standard deviation below VWAP. It hit a pivot high in early July hitting the thin red
UPPER VWAP line about the, I analyze a reversal is coming with the final leg down
coinciding with the general market moves this week. Price is obviously below then
mean VWAP and the POC line. I think the rubber band effect and bargain buying will
propel it upward as may and short sellers liquidating their positions. I will take
a trade of a fiar amount of stock shares as well as entertain some call options.
If a trader is curious to my levels of interest leave a comment.
Note
TSLL rose 3% enough to raise the stop loss above break-even. The trade is nowrisk and fear-free and in profit. will might add to the position tomorrow.
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