Daily Tesla Trade Alert (2/6/24)

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Yesterday, our puts hit 175%.

As you can see in the chart, the wick dipped below the triangle resistance line, which gave us our gains.

Since there was no clear breakout, I’m going to make the same trade as yesterday.

Trade Idea:

If price breaks out:

Price Target: $190

Options Contract: 9 FEB 24 $190 CALL

If price breaks below:

Price Target: $180

Options Contract: 9 FEB 24 $180 PUT