Am in at the 28 breakout. Yes that 34/35 level has a lot of resistance and indicators getting overbought. Based on the macd and rsi, I may be out tomorrow or the next day. Will probably surprise me and pop some more, haha. As long as a move has directional up/down movement a 3X etf is ok to hold IMO. Sideways is when decay will eat at the holding. 34.42 is the weekly 50day and was my first target. 35.95 (daily) is possible (why I am still in) but I think (guessing) that will be tops for this leg.
PS: I think I am safe holding as long as price remains between the 4ema and upper bollie on the daily.
Just all IMO. Others results may vary and I have a bad habit of giving back gains. lol