#TSLA

▪️ Trade: Buy limit order
▪️ Entry: 380.00
▪️ Take profit: 422.00
▪️ Stop loss: 358.44
▪️ Valid until: Canceled
Market outlook:
We are looking at a long setup on Tesla stock. The price is moving higher and currently trading near key resistance at 400.00.
The 375.00–380.00 range is our key support zone, where we will look to open a long position. The market values Tesla not only for its automotive business but also for its potential in autonomous driving and robotics. Its loyal investor base has historically bought the stock during pullbacks.
If price corrects into the support zone, we plan to enter near its upper boundary. Our buy limit order is placed in advance at 380.00.
Risk management:
In line with our trading strategy, the stop loss is placed at 358.44, below the 360.08 level, with additional room for a potential false breakdown.
Entering near the top of the support zone leaves the entire range below our entry. Placing the stop too close could result in an early exit while price is still testing the zone. A break below 360.08 would indicate that support has failed and the setup is invalidated.
Targets:
Our first target is 400.00. At this level, we recommend taking partial profits and moving the stop loss to breakeven.
The second target is key resistance at 422.00, where the take profit is placed. The setup offers good potential and a favorable risk-to-reward ratio.
Order validity:
The order has no expiration date, as it may not be filled today. Once it is filled, we will provide updates on the position.
Manage your risk carefully. Wishing everyone profitable trading and financial success! 🏆
Trade updates: https://t.me/addlist/1tRFE2bSkE04MWNi