🚀📈⚡ $TSLA & $TSLL Breakout Testing $421, Targeting $450 Gap ⚡📈🚀
$Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 2X Shares(TSLL)$ $GraniteShares 2x Long TSLA Daily ETF(TSLR)$ 🔥 I’m fully convinced Tesla is in full breakout mode, turbocharged by Elon Musk’s nearly $1B stock purchase (2.57M shares at $372–$396). This filing not only reinforces his grip on Tesla but also reaffirms the strategic pivot into robotaxis, AI, and robotics: Tesla is evolving from an EV manufacturer into a multi-faceted technology behemoth.
📊 $TSLA Technicals
Current price pressing $420–$421 zone.
Immediate resistance: $427–$430, where the first gap is now filled.
Next major magnet: $450 gap, aligning with parabolic slope and band extension.
Support zones: $417 / $407, with strong demand expected on retests.
Longer-term harmonic projection suggests upside toward $510–$530 if wedge expansion holds.
🎯 $TSLA Action Plan
Momentum traders: Stay long above $417, ride momentum into $450.
Swing traders: Scale partial profits into $430–$450, reload on pullbacks to $407–$417.
Risk pivot: Sustained break under $395 invalidates near-term bullish thesis.
📊 $TSLL (2x Tesla Bull ETF)
Current: $19.20, tracking Tesla’s extension with leverage.
Resistance: $20.50–$21.00, with a breakout leg toward $22–$23 if Tesla tags $450.
Supports: $18.10 / $16.80 for re-entry zones.
4H/30m Keltner & Bollinger expansion confirm acceleration with strong volume.
🎯 $TSLL Action Plan
Aggressive traders: Hold core, trim into $20–$21, keep stops tight.
Conservative swing: Add near $18.10–$16.80, aim for $22–$23 extension.
⚡ Catalyst Amplifier
Elon Musk’s billion-dollar buy is a sentiment bomb. The largest insider acquisition EVER by value! It adds legitimacy to the breakout, squeezes shorts, and strengthens the long-term “tech ecosystem” narrative. With the board proposing a $1T compensation plan and Musk demanding more voting power, the market sees leadership conviction matching Tesla’s roadmap.
🖼️ Chart Insights
Harmonic wedge projects Tesla toward $510–$530.
Orange band levels show $421.3 as current ceiling, with $417/$407 as pivots.
4H Keltner & Bollinger: candles ripping beyond envelopes confirm breakout acceleration.
$TSLL leverage charts mirror Tesla’s push, showing exaggerated momentum toward $22–$23.
💥 Options Flow Section
$52M calls sold on $TSLA this morning 👀 profit-taking after the news that Elon purchased $1B worth of stock.
At the same time, someone just bought $4,700,000 worth of $TSLA 470 calls expiring next week. If these hit, Tesla would be up over $150 in September, which is pure insanity.
$TSLA is already +7% after Musk’s $1B+ buy, marking the biggest insider purchase since 2020 and fueling optimism around Tesla’s AI and robotics pivot.
👉❓Do traders believe Tesla rips straight through to fill the $450 gap, or will $427–$430 act as a supply wall before the next leg higher?
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Trade like a boss! Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀
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