The article outlines a trading strategy for buying Tesla (TSLA) stock within a specific price range of $280.19 to $284.88. The plan includes three buy orders, a stop loss set at $277.23, and a take profit target at $304.74, resulting in a risk-reward ratio of over 4.5.

The buy orders consist of 100 shares at $284.88, 200 at $283.77, and 300 at $280.19, culminating in 600 total shares for a full cost of $169,299. Partial profit-taking is planned at various price levels to secure gains while maintaining upside exposure. The strategy emphasises monitoring historical support zones and bullish order flow.

What this means is quite clear—entry into Tesla shares should happen gradually within the designated range, rather than all at once. By layering buy orders, the traders spreading their risk, ensuring that if the price drops further within the range, a better average cost is achieved.

The stop loss at $277.23 safeguards the position from excessive downside. If the price falls below this level, selling the shares prevents a deeper loss. With the total purchase amount being $169,299, such a protective measure ensures that losses remain contained if the trade does not work out.

On the other side, the goal is to sell at $304.74. If the price reaches this target, the reward is over 4.5 times the potential loss. That ratio is favourable. The approach incorporates partial profit-taking at intermediate levels, which allows gains to be secured before the stock moves through the full range. That prevents missing out if the price reverses before reaching the highest objective.

Much of this relies on historical data—the plan is based on past price action, where Tesla has shown support, and how it has behaved when buyers have stepped in previously. The presence of bullish order flow suggests that demand has been strong enough in the past to support higher prices.

For the coming weeks, staying aware of price action in relation to these levels is key. Placing orders too early could lead to paying more when further price movement allows for a better entry. Too much hesitation could mean missing the opportunity altogether. This also requires watching for behaviour near the stop loss—frequent approaches to that level could suggest weakness that might warrant reassessment.

With Tesla, volatility is always a given. That means a sharp move could fill buy orders quickly. On the other hand, if the stock climbs too fast, entry opportunities may not materialise. The balancing act is being patient while remaining prepared to act.