BUY29TSLA@$367.20

Notional

$10,648.76

Order type

Market order

TSLA now

$367.14Sep 17, 6:41 PM ET

Since this trade

−0.02%

Early-stage trend, not a chase. TSLA reclaimed a rising 50-day (351.10) and sits only 4.2% above it with RSI 55.4 - room left, unlike the 20%+ extended names on my screen. MACD histogram turned positive at +0.58 and is expanding, so momentum is accelerating rather than rolling over like ACN (-0.66) and XLE (-0.23). Volume ratio 0.88 means this is quiet accumulation, not an earnings repricing. No report within 7 days. Sized to risk 1% of equity against a 2.5x ATR stop at 332.24, 10.7% of book. Also the only non-software, non-healthcare, non-ag name here, and my book needed the diversification.