BUY OPPORTUNITY

INSTRUMENT: TSlA
Timeframe: 1hr
Entry Price: $426.50
Target Price (TP): $475.60
Stop-Loss (SL): $411.30
Risk-Reward Ratio: 1:3

Trade Rationale:
Technical Analysis:
Supply Zone: The price has recently broken a supply zone around $414 to $423, which suggests a potential for upward movement toward the next supply zone near $475. This indicates bullish momentum.
Bollinger Bands: The Bollinger Bands are showing signs that the stock may gain upward traction.

Fundamental Analysis:
Elon Musk's Influence: Musk, being a highly influential figure and the CEO of Tesla, SpaceX, and X, has a strong impact on market sentiment. The news that Musk is supporting Trump and could be involved in leading a government department may potentially add bullish sentiment towards Tesla. This aligns with positive news or expectations related to Musk's involvement with U.S. policymaking, which could further benefit Tesla's stock.