The thoughts were triggered by a twitter sharing from someone else.
This is for LONG.
Look at daily, could be a local bottom looks like a 50/50.
Weekly definitely says very likely there is new low ahead to form a reversal on a weekly basis. Also kissing weekly cloudy is likely. Given how steep the cloud back it is, it is possible to see a deep drop and...
Obviously, close this month below 36 would be bad ... at least need another month or two to reverse.
Close between 36 and 40 hits buyers are trying to test water and see how much resistance it has. So the chance that December will be higher is ~ 2/3.
Close above 40 in November means buyers are ready to bring it higher, can take some risk in monthly options.
Lots of buyer in the 55-65 area.
Tigger occurred when broke out the down trend line.
Wanna wait a little bit to see better opportunity to load near 65. This is not high momentum stock so don't expect that type of move.
Fundamental change is now could be a vaccine play, along with WBA