Technical analysis by kunal00 about Symbol TSLAX: Buy recommendation (5/8/2025)

kunal00

Tesla ( TSLA ) is coiling up, forming a classic base breakout setup with a dual approach for traders who want precision: 🔹 Support Zone Entry (280-285) Shaded area = the zone between the 9 EMA (blue) and 20 EMA (yellow) — a key dynamic support area. I'm taking a starter position here with a stop just below yesterday's low for tight risk control. 🔹 Breakout Confirmation (Above 295) Full size only if we see a clean breakout above $295, confirming momentum. This is where I’ll add size, looking for a strong continuation. 🔹 Execution Plan Starter position: Shares and options at support zone ($280-$285). Full position: Add at breakout ($295) with a mix of shares and options. Risk: Tight stop below yesterday's low for the starter position. ⚠️ Risk Management: Always respect your stops — discipline over hope.TSLL is the 2x etf for it. its 10 dollars if TSLA stock is too pricey for you.,Peeled off a portion of the trade in the 303-305 rangewith that morning spike. With options exp today some of the calls were going to expire! keeping a portion via shares and calls into next week321 taking off another partial at the open. The calls should be up 5x at this point. Got lucky but ill take it.