TSLA went to my last bullish price target and has retraced near a small volume shelf approaching the 618 retracement. $212.91. - Recently had earnings causing a 10% drop in stock price
💡 Trade Idea: 8/-16 $230 calls
Primary price target of **$248.95** - `Based on Fib Retracement levels` - `Massive Volume Shelf at 250`
Secondary price target of **$261.71 - 272.80** - `Based on Fib Extension` - `Volume shelf at 260`
I will have a stop loss at $219 or wait until we are at the GZ @ $206.98 with a stop @ $202
Made a server for anyone who wants to follow along; add me on discord @Gunvir if you have any questions or find my on twitter
I'm a full time student and this is a hobby.
(Its free to DM me a question lol)
discord.gg/luckycat