Tesla Trade Alert (2/14/24)

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Well, Tesla drifted lower yesterday just like I thought it would.

The price formed a doji candle yesterday — it’s a neutral price action marker that doesn’t really give a directional bias. However, considering the overall trend, I expect us to see another down day today.

Trade Idea:

Price Target: $180

Options Contract: 16 FEB 2024 $180 PUT